31 July 2006
30 June 2006
The National Treasury, through the Asset and Liability Management Division
determines the Prevailing Interest Rates for the two year, three year and five
year Republic of South Africa (RSA) Retail Bonds at the end of each month.
The prevailing interest rates of the RSA Retail Bonds are determined by
interpolating the equivalent yields of the two year, three year and five year
Government bonds.
The interest rates are priced off the government yield curve, and will be
changed if the yields of the RSA Government bonds move (negatively or
positively) by more than 50 basis points.
The Prevailing Interest Rates are applicable from the first day of the
month, 1 July 2006 until the last day of the month, 31 July 2006.
The Prevailing Interest Rates for the month of July 2006 are:
* Two year Retail Bond: 8,00%
* Three year Retail Bond: 8,25%
* Five year Retail Bond: 8,50%
Enquiries:
Phumzile Maseko
Director: Domestic Debt Management
Tel: (012) 315 5610
Johan Krynauw
Director: Debt Operations
Tel: (012) 315 5274
Issued by: National Treasury
30 June 2006
