During November 2013, net domestic short-term loans increased by R4 041 million. Net domestic long-term loans, inclusive of redemptions, switches and repo transactions, increased by R15 273 million.
Foreign loans decreased by a net R159 million mainly due to the repayment of arms procurement loan agreements.
Extraordinary receipts of R996 million were recorded mainly in respect of premiums received on bond transactions and revaluation profits on foreign currency deposits. Extraordinary payments of R195 million were recorded in respect of premiums on debt portfolio restructuring.
Government’s cash balances decreased by R7 743 million to R145 556 million. The South African Reserve Bank accounts, mainly sterilisation and foreign currency deposits, amounted to R128 414 million. Cash balances with commercial banks amounted to R17 142 million.
More detailed information on the provisional figures will be included in the monthly statements of the National Revenue, Expenditure and Borrowing, which will be released on 30 December 2013.
For more information:
Johan Redelinghuys or Wessel Moolman or Siyabonga Shange
Tel: 012 315 5297/5240/5753
Facsimile: 012 315 5810
