Government bond auction · South Africa

South Africa 2050 ILB Auction

The South Africa 2050 ILB Auction is a sale of new government debt by South Africa's treasury or debt agency to investors.

महत्व
Low
मुद्रा
ZAR · South African rand
केंद्रीय बैंक
The South African Reserve Bank
प्रभावित करता है
EURZAR · USDZAR

नवीनतम आँकड़े

इस रिलीज़ के कोई नतीजे अभी नहीं दिखाए गए हैं। प्रकाशित होते ही वे यहाँ दिखेंगे।

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यह क्यों मायने रखता है

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.

गणना कैसे होती है

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 sold

बदलावों का अर्थ

  • 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.

संक्षिप्त इतिहास

Most governments moved from fixed-price syndicates to regular auctions in the 1970s–1990s; the US Treasury has auctioned bills since 1929.

प्रश्न

What is the South Africa 2050 ILB Auction?

The South Africa 2050 ILB Auction is a sale of new government debt by South Africa's treasury or debt agency to investors.

केवल शैक्षिक सामग्री, निवेश सलाह नहीं। आँकड़े हमारे कैलेंडर में दर्ज प्रकाशित नतीजे हैं; बताई गई बाज़ार प्रतिक्रियाएँ सामान्य हैं, गारंटीशुदा नहीं।