Thu May 23 10:42:55 SAST 2013
Thu May 23 10:42:55 SAST 2013

Bonds go on auction

Jun 14, 2012 | Reuters | 0 comments

SOUTH Africa will auction R800-million of its 2017 bond, R800-million of the 2021, and R500-million of a new 11-year bond due on February 28 2023.

Picture taken from www.cbslimited.com

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The 2023 bond will pay out a 7.75% coupon, twice a year on February 28 and August 31, the Treasury said yesterday.

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