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

PUBLISHED: Fri, 26 Mar 2021 10:03:09 GMT

JOHANNESBURG, March 26 (Reuters) – South Africa sold a total of 1.285 billion rand ($85.69 million) of its 2033, 2038 and 2046 inflation-linked bonds, less than the 2 billion rand on offer, central bank data showed on Friday. Yields were mostly lower compared with the previous auctions. ZAI2033 bond due 2033 – 1.88% coupon Auction date: 26/03/21 12/03/21 Allocated (R’bln) 0.060 0.340 Bids received (R’bln) 0.180 0.570 Clearing yield % 3.930 4.200 ZAI2038 bond due 2038 – 2.25% coupon Auction date: 26/03/21 19/03/21 Allocated (R’bln) 0.700 0.680 Bids received (R’bln) 0.710 0.730 Clearing yield % 4.290 4.290 ZAI2046 bond due 2046 – 2.5% coupon Auction date: 26/03/21 12/03/21 Allocated (R’bln) 0.525 1.025 Bids received (R’bln) 0.525 1.190 Clearing yield % 4.270 4.320 ($1 = 14.9963 rand) (Reporting by Olivia Kumwenda-Mtambo; editing by Mfuneko Toyana)

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