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TABLE-Yields down at S.Africa’s inflation-linked bond auction

PUBLISHED: Fri, 16 Apr 2021 10:29:22 GMT

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JOHANNESBURG, April 16 (Reuters) – South Africa sold a total of 855 million rand ($60 million) of its 2029, 2038 and 2050 inflation-linked bonds, less than the 1.2 billion rand on offer, central bank data showed on Friday. Yields were lower compared with the previous auctions. ZAI2029 bond due 2029 – 1.88% coupon Auction date: 16/04/21 19/03/21 Allocated (R’bln) 0.110 0.215 Bids received (R’bln) 0.325 0.365 Clearing yield % 3.160 3.530 ZAI2038 bond due 2038 – 2.25% coupon Auction date: 16/04/21 09/04/21 Allocated (R’bln) 0.320 0.365 Bids received (R’bln) 0.515 0.390 Clearing yield % 4.080 4.290 ZAI2050 bond due 2050 – 2.5% coupon Auction date: 16/04/21 19/03/21 Allocated (R’bln) 0.425 0.865 Bids received (R’bln) 0.760 1.145 Clearing yield % 4.100 4.280 ($1 = 14.2393 rand) (Reporting by Mfuneko Toyana Editing by Promit Mukherjee)

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