direct exchequer payments/revenue, fund receipts and cash balances
4 September 2007
During August 2007 domestic short-term loans (net) increased by R4 954,3
million whilst domestic long-term loan issues, net of redemptions, buy-backs,
switches and repos increased by R2 354,2 million.
Foreign loan issues, net of redemptions, buy-backs and switches decreased by
R31,8 million. This is due to the net of R4,9 million draw downs and R36,7
million redemptions on arms procurement loan agreements.
Revenue fund receipts of R6,1 million were received mainly in respect of
premiums on the issuance of loans. The balances in the South African Reserve
Bank accounts, mainly sterilisation deposits, amount to R57 435,7 million. The
sterilisation deposits are not available for financing government's borrowing
requirement, as this would increase the money supply.
Operational cash balances with Commercial Banks amounted to R11 307,8
million. No RSA bonds were stripped or reconstituted during August 2007.
More detailed information on the above provisional figures will be included
in the monthly statement of the National Revenue, Expenditure and Borrowing
which will be released on 28 September 2007.
Above table available at http//:www.treasury.gov.za.
Enquiries:
Johan Redelinghuys
Tel: 012 315 5297
Wessel Moolman
Tel: 012 315 5240
Derrick Harrison
Tel: 012 315 5442
Fax: 012 315 5638
Issued by: National Treasury
4 September 2007
Source: National Treasury (http://www.treasury.gov.za/)
