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Treasury Reduces Non-Competitive Auctions to 50%

SOUTH AFRICA
  • South Africa's Treasury Reduces Non-Competitive Auction Levels to 50% from 100%- new auction levels for 2021-22 will be announced prior to the first auction of the coming financial year
  • Government's fixed-rate and inflation-linked bond auction levels will remain unchanged at 6.6 billion rand and 2 billion rand per week, respectively
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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