April 2006
3 April 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 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 prevailing 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 April 2006) until the last day of the month (30 April 2006).
The prevailing interest rates for the month of April 2006 are as
follows:
* Two-year retail bond: 7.25 percent
* Three-year retail bond: 7.50 percent
* Five-year retail bond: 7.75 percent
Contact:
Phumzile Maseko
Director: Domestic Debt Management
Tel: (012) 315 5610
Johan Krynauw
Director: Debt Operations
Tel: (012) 315 5274
Issued by: National Treasury
3 April 2006
