JOHANNESBURG, Feb 7 (Reuters) - South Africa's
government sold a total of 3.9 billion rand ($221.50 million)
of its 2030 , 2032 and 2035 bonds on Tuesday.
Yields mostly rose compared with previous auctions.
R2030 BOND: Jan 31, 2030 - 8% coupon
Auction date 07/02/23 31/01/23
Best bid % 9.600 9.520
Worst bid % 9.980 9.820
Clearing yield % 9.710 9.625
Total bids (R'bln) 4.445 4.805
Allocated (R'bln) 1.300 1.300
Bid-to-cover-ratio 3.4 3.7
R2032 BOND: March 31, 2032 - 8.25% coupon
Auction date 07/02/23 24/01/23
Best bid % 10.260 10.295
Worst bid % 10.640 10.610
Clearing yield % 10.370 10.380
Total bids (R'bln) 5.190 4.035
Allocated (R'bln) 1.300 1.300
Bid-to-cover-ratio 4.0 3.1
R2035 BOND: Feb 28, 2035 - 8.875% coupon
Auction date 07/02/23 31/01/23
Best bid % 10.820 10.780
Worst bid % 11.195 11.100
Clearing yield % 10.965 10.900
Total bids (R'bln) 2.815 4.435
Allocated (R'bln) 1.300 1.300
Bid-to-cover-ratio 2.2 3.4
($1 = 17.6071 rand)
(Reporting by Nellie Peyton
Editing by Alexander Winning)
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