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CORRECTED-Yields edge up at S.Africa inflation-linked bond auction

16 March 2012 By admin

(Corrects story to show yields were higher)	
    JOHANNESBURG, March 16 (Reuters) - South Africa sold 800 million rand
($105.09 million) worth of paper at a weekly auction of its 2028, 2017
 and 2022 inflation-linked bonds on Friday. Yields were
slightly higher across the curve.	
   	
 R210 bond due 31 March 2028 - 2.6 pct coupon	
 Auction date           March 16  March 9 
 Allocated (R'mln)      180       210     
 Bids received (R'mln)  1,090     1,090   
 Clearing yield (pct)   2.31      2.28
 
 	
 R211 bond due 31 Jan 2017 - 2.5 pct coupon	
 Auction date           March 16  March 9 
 Allocated (R'mln)      400       295     
 Bids received (R'mln)  600       335     
 Clearing yield (pct)   0.79      0.78 
 
 	
 R212 bond due 31 January 2022 - 2.75 pct coupon	
 Auction date           March 16  March 9 
 Allocated (R'mln)      220       295     
 Bids received (R'mln)  290       600   
 Clearing yield (pct)   2.06      2.04
 
 
 ($1 = 7.6126 South African rand)	
	
 (Reporting by Stella Mapenzauswa)

© Thomson Reuters 2012 All rights reserved





Previous: S.Africa’s 3-mth T-Bill avg yield rises to 5.63 pct
Next: UPDATE 2-Seymour Pierce in talks with potential investors





Filed Under: South Africa Tagged With: news, reuters, south africa

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