South Africa conducted an auction selling 275 million rand of inflation-linked bonds, specifically for 2031 and 2038 maturities, totaling approximately $15.21 million. Auction results can be accessed via central bank data.
On Friday, South Africa’s government successfully sold 275 million rand (equivalent to $15.21 million) in its inflation-linked bonds, specifically the 2031 and 2038 issues. This bond auction is part of the government’s efforts to manage public debt and provide better financial instruments for investors. The auction results are available for review through the central bank’s data portal, which lists various government bond sales.
The sale of 275 million rand in inflation-linked bonds indicates the South African government’s strategy to leverage inflation protection for investors. This move helps support the country’s fiscal management while attracting investment.
Original Source: www.tradingview.com
