Treasury will borrow money with 5 auctions next week

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Lerato Khumalo

The Ministry of Treasury and Finance will hold 3 direct sales and 2 tenders next week.

According to the domestic debt issuance calendar published by the Ministry, direct sales of lease certificates with a maturity of 2 years (728 days) and rent payment every 6 months will be made on Monday, July 20.

The Ministry will re-issue treasury bills with a maturity of 7 months (203 days) in the first auction on Tuesday, July 21.

In the second auction, fixed coupon government bonds with a maturity of 2 years (602 days) and coupon payments every 6 months will be re-issued.

On the same day, direct sales of dollar-denominated government bonds with a maturity of 2 years (728 days) and coupon payments every 6 months will be made.

In addition, a direct sale of dollar-denominated lease certificates with a maturity of 2 years (728 days) and rental payments every 6 months will be made.