1 February 2006
Sales of the RSA Government Retail Bond have reached R1,660 billion since
its launch in May 2004. Some 18 674 people have invested with a total of 31 563
investments. December sales increased from R17 million to R35 million. The
National Treasury determines the prevailing interest rates for the two-year,
three-year and five-year RSA Government Retail Bonds at the end of each month.
The interest rates are determined by interpolating the equivalent yields of the
two-year, three-year and five-year Government Bonds.
The Prevailing Interest Rates for February 2006 are:
* 2-year Retail Bond: 7.50%
* 3-year Retail Bond: 7.75%
* 5-year Retail Bond: 8.00%
The above interest rates are applicable from 1 February 2006 until 28
February 2006. The retail bond has attracted new as well as the smaller
investors. About 53% of the total investments, invested R20 000 and less. It is
important to note the South Africans from all walks of life have invested in
the retail bond.
Visit http://www.rsaretailbonds.gov.za for
rate calculators and retail bond information. Telephone applications are now
available for investors.
Issued by: National Treasury
1 February 2006
Source: National Treasury (http://www.treasury.gov.za)
