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SA Sells R3.9bn in 2031-2044 Bonds At Auction

SOUTH AFRICA

Auction Results:

  • Sells 1.3B Rand of 7% 2031 Bonds; Bid-Cover 3.78x, Avg yield 9.46%
  • Sells 1.3B Rand of 8.5% 2037 Bonds; Bid-Cover 3.95x, Avg yield 10.64%
  • Sells 1.3B Rand of 8.75% 2044 Bonds; Bid-Cover 2.73x, Avg yield 10.87%
MNI London Bureau | +44 020-3983-7894 | murray.nichol@marketnews.com
MNI London Bureau | +44 020-3983-7894 | murray.nichol@marketnews.com

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