{"id":7232,"date":"2012-01-20T20:57:12","date_gmt":"2012-01-20T18:57:12","guid":{"rendered":"http:\/\/www.myza.co.za\/01\/table-s-africa-manages-successful-cpi-linked-bonds-sale\/"},"modified":"2012-01-20T20:57:12","modified_gmt":"2012-01-20T18:57:12","slug":"table-s-africa-manages-successful-cpi-linked-bonds-sale","status":"publish","type":"post","link":"https:\/\/www.myza.co.za\/press\/table-s-africa-manages-successful-cpi-linked-bonds-sale\/","title":{"rendered":"TABLE-S.Africa manages successful CPI-linked bonds sale"},"content":{"rendered":"<p>\t\t<span><\/span><\/p>\n<p><span class=\"articleLocation\">JOHANNESBURG<\/span> Jan 20 (Reuters) &#8211; South Africa sold all<br \/>\nof the 800 million rand ($100 million) it offered of inflation<br \/>\nlinked bonds, spread between its 2022, 2028<br \/>\nand 2033 paper at a weekly auction on Friday.<span><\/span><\/p>\n<p><span><\/span><\/p>\n<p>Investors came in for 1.53 billion rand, compared to the 140<br \/>\nmillion rand of bids received at last week&#8217;s sale. Demand for<br \/>\nthe index-linked bonds has been rising steadily since late last<br \/>\nyear, pushing yields down as investors hedge against rising<br \/>\ninflation.<\/p>\n<p><span><\/span><\/p>\n<p>Headline inflation, at 6.1 percent in November, remains out<br \/>\nof the cental bank&#8217;s target of between 3 and 6 percent.<\/p>\n<p><span><\/span><\/p>\n<p>The bank kept interest rates steady on Thursday at its first<br \/>\npolicy setting meeting of the year, but raised its inflation<br \/>\nforecasts, saying the outlook had deteriorated and CPI would<br \/>\nonly return to within the target range in 2013.<\/p>\n<p><span><\/span><\/p>\n<p>Jan 20              Jan 13<\/p>\n<p><span><\/span><\/p>\n<p>R210   R212   R202    R210  R212  R202<\/p>\n<p><span><\/span><\/p>\n<p>Coupon %               2.6    2.75   3.45    2.6   2.75  3.45<\/p>\n<p><span><\/span><\/p>\n<p>Allocated (R&#8217;bln)      0.625  0.100  0.075   0.00  0.14  0.00<\/p>\n<p><span><\/span><\/p>\n<p>Bids received (R&#8217;bln)  0.625  0.100  0.805   0.00  0.14  0.00 <\/p>\n<p>  Clearing yield %       2.38   2.16   2.30    0.00  2.17  0.00<br \/>\n\u00a0 <span class=\"label\"><strong>Continued&#8230;<\/strong><\/span><\/p>\n<p><span><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>JOHANNESBURG Jan 20 (Reuters) &#8211; South Africa sold all of the 800 million rand ($100 million) it offered of inflation linked bonds, spread between its 2022, 2028 and 2033 paper at a weekly auction on Friday. Investors came in for 1.53 billion rand, compared to the 140 million rand of bids received at last week&#8217;s [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","ngg_post_thumbnail":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[1],"tags":[830,2370,183],"class_list":{"0":"post-7232","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-south-africa","7":"tag-news","8":"tag-reuters","9":"tag-south-africa-2","10":"entry"},"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts\/7232","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/comments?post=7232"}],"version-history":[{"count":0,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts\/7232\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/media?parent=7232"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/categories?post=7232"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/tags?post=7232"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}