Government bond auction · South Africa
South Africa 2042 Bond Auction
The South Africa 2042 Bond Auction is a sale of new government debt by South Africa's treasury or debt agency to investors.
- Importance
- Low
- Released
- Every two weeks
- Next release
- Currency
- ZAR · South African rand
- Central bank
- The South African Reserve Bank
Latest figures
The latest release, published on 27 October 2026, came in at 9.147%, down from 9.352% the time before.
Over the last 12 releases it ranged from 8.900% to 9.453%, averaging 9.191%; it has been falling for three releases in a row.
| Released | For | Actual | Consensus | Previous |
|---|---|---|---|---|
| 27 Oct 2026 | – | 9.147% | – | 9.352% |
| 20 Oct 2026 | – | 9.352% | – | 9.453% |
| 29 Sep 2026 | – | 9.453% | – | 9.200% |
| 22 Sep 2026 | – | 9.200% | – | 9.410% |
| 1 Sep 2026 | – | 9.410% | – | 9.292% |
| 25 Aug 2026 | – | 9.292% | – | 9.137% |
| 11 Aug 2026 | – | 9.137% | – | 9.128% |
| 21 Jul 2026 | – | 9.128% | – | 9.042% |
| 14 Jul 2026 | – | 9.042% | – | 8.900% |
| 30 Jun 2026 | – | 8.900% | – | 8.972% |
| 23 Jun 2026 | – | 8.972% | – | 9.263% |
| 9 Jun 2026 | – | 9.263% | – | 9.149% |
Why it matters
Auctions show the demand for a country's debt. A weak auction (low cover ratio, a yield above where the bond traded before the sale, the "tail") can push yields up across the market; a strong one calms them. In times of fiscal stress auctions get close attention.
How it is calculated
Bidders submit the yield (or price) at which they will buy; the debt office allocates from the lowest yield up until the amount is sold. The release reports the average or highest yield and the bid-to-cover ratio.
Bid-to-cover = amount bid ÷ amount soldWhat changes mean
- Bid-to-cover above its recent average and no tail: solid demand.
- Index-linked and green bonds are smaller auctions with their own investor base.
A short history
Most governments moved from fixed-price syndicates to regular auctions in the 1970s–1990s; the US Treasury has auctioned bills since 1929.
Questions
What is the South Africa 2042 Bond Auction?
The South Africa 2042 Bond Auction is a sale of new government debt by South Africa's treasury or debt agency to investors.
What was the latest South Africa 2042 Bond Auction?
9.147%, published on 27 October 2026.
When is the next South Africa 2042 Bond Auction?
On Tuesday 3 November 2026 at 09:30 UTC.
Educational content only, not investment advice. Figures are the published results as recorded by our calendar; market reactions described are typical, not guaranteed.