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TABLE-Yields mostly flat at South African inflation-linked bond auction

PUBLISHED: Fri, 09 Apr 2021 09:53:13 GMT

JOHANNESBURG, April 9 (Reuters) – South Africa sold a total of 1.2 billion rand ($82.45 million) of its 2025, 2038, and 2046 inflation-linked bonds, central bank data showed on Friday. Yields were mostly flat compared to the previous auctions. ZAI2025 bond due 2025 – 2% coupon Auction date: 09/04/21 05/02/21 Allocated (R’bln) 0.290 0.330 Bids received (R’bln) 1.085 0.330 Clearing yield % 2.350 2.250 ZAI2038 bond due 2038 – 2.25% coupon Auction date: 09/04/21 26/03/21 Allocated (R’bln) 0.365 0.700 Bids received (R’bln) 0.390 0.710 Clearing yield % 4.290 4.290 ZAI2046 bond due 2046 – 2.5% coupon Auction date: 09/04/21 26/03/21 Allocated (R’bln) 0.545 0.525 Bids received (R’bln) 2.580 0.525 Clearing yield % 4.270 4.270 ($1 = 14.5545 rand) (Reporting by Mfuneko Toyana; Editing by Olivia Kumwenda-Mtambo)

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