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TABLE-Yields edge lower at S.Africa’s CPI-linked bond sale

31 August 2012 By admin

JOHANNESBURG, Aug 31 (Reuters) - South Africa sold a total 800 million rand
($94.30 million) of its I2025, I2038 and 2050
 inflation-linked bonds on Friday. Yields were slightly lower than
those at last week's auction.
    
 I2025 bond due 31 Jan 2025 - 2.0 percent coupon     
 
 Auction date           August 31  August 24         
 
 Allocated (R'mln)      60         50       
 Bids received (R'mln)  460        530     
 Clearing yield (pct)   1.55       1.55    
 
    
 I2038 bond due 31 January 2038 - 2.25 percent coupon  
 
 Auction date           August 31  August 24           
 
 Allocated (R'mln)      425        350     
 Bids received (R'mln)  845        865               
 Clearing yield (pct)   2.09       2.11    
 
    
 I2050 bond due 31 Dec 2049, 2050, 2051 - 2.5 pct coupon    
 Auction date           August 31  August 24        
 Allocated (R'mln)      315        400                 
 Bids received (R'mln)  665        675                
 Clearing yield (pct)   2.14       2.16   
   Details of the auction are on page 
($1 = 8.4836 South African rand)

 (Reporting by Stella Mapenzauswa)

© Thomson Reuters 2012 All rights reserved





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

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