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S.Africa sells 2023, 2026 and 2048 bonds

3 July 2012 By admin

JOHANNESBURG, July 3 (Reuters) - South Africa's Treasury sold a total 2.1 billion rand
($256.93 million) worth of its 2023, 2026 and 2048 bonds on
Tuesday.

 Coupon: Feb. 28, 2023 - 7.75 percent coupon  
 Auction date         03/07/2012  26/06/2012    
 Clearing yield %     7.455        7.64          
 Best bid %           7.395        7.55         
 Worst bid %          7.63         7.85         
 Total bids (R'bln)   1.65         2.365        
 Allotted (R'bln)     0.8          0.8          
 Bid-to-cover ratio   2.06         2.96 
 
 R186 issue status: REOPENED             
 Coupon: December 21, 2026 with a 10.5 percent coupon             
 Auction date        03/07/2012   15/05/2012     
 Clearing yield %     7.86         8.36           
 Best bid %           7.8          8.3            
 Worst bid %          7.96         8.5            
 Total bids (R'bln)   2.475        3.095          
 Allotted (R'bln)     0.5          0.8            
 Bid-to-cover ratio   4.95         3.87  
 
 Coupon: Feb. 28, 2048 - 8.75 percent coupon 
 Auction             03/07/2012    26/06/2012                 
 Clearing yield %    8.64          8.83             
 Best bid %          8.5           8.6           
 Worst bid %         8.75          9.285          
 Total bids (R'bln)  1.47          1.63          
 Allotted (R'bln)    0.8           0.5       
 Bid-to-cover ratio  1.84          3.26
 
  Details of the auction are on page 
 ($1 = 8.1735 South African rand)

 (Reporting by Stella Mapenzauswa)

© Thomson Reuters 2012 All rights reserved





Previous: Zimbabwe gives banks a year to hand over stakes
Next: Deadly fire at Gold Fields’ S.Africa mine still burning





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

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