Domestic bonds: South Africa, Bonds 10.5% 21dec2026, ZAR (R186) (R186, ZAG000016320) (2024)

FAQs

What is R186 in South Africa? ›

Republic of South Africa 10,5% Internal Registered Bond 2025/26/27. The loan will bear the bond code R186. The issue was approved by the Minister of Finance on 28 February 1998 in terms of Section 19(1)(b) of the Exchequer Act, 1975, (Act 66 of 1975).

The South Africa 10Y Government Bond has a 11.058% yield. Central Bank Rate is 8.25% (last modification in May 2023).

RSA bonds are issued by the Government of South Africa via the National Treasury to finance the total Budget deficit during a fiscal year.

The South Africa 10-Year Government Bond Yield is expected to trade at 10.76 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate it to trade at 10.41 in 12 months time.

The interest received every year will be added to your income and taxed accordingly. However, remember there is an annual interest exemption of R23,800 if you're under 65 and R34,500 for those over 65, so there is some relief.

RSA retail bonds offer yields linked to SA government bonds, and are available with two-, three- or five-year fixed terms. Investors can either purchase vanilla bonds or inflation-linked retail bonds. Interest is payable semi-annually on set payment dates until maturity of the bond.

Safety. RSA Retail Savings Bonds are the smartest way to save. Your money is invested with the South African Government, meaning the capital amount invested is guaranteed. Interest and capital is paid electronically into your bank account, which is a very safe way of investing.

Who owns South African bonds? ›

Both local and foreign investors are holders of government bonds in both countries. In South Africa, foreign investors hold 38% of sovereign bonds, and local investors hold the majority at 62%.

Article summary. A 30 year bond means lower monthly repayments with a higher interest rate, while a 20 year bond means higher monthly repayments with a lower interest rate. A 30 year bond costs more in the long-term, but leaves more room for additional expenses each month.

Safety: RSA Retail Savings Bonds are considered a safe investment option, as they are backed by the government. This means the bonds are less likely to default, and your investment is secure. In saying this, there is always risk involved when investing.

If only one person is named on the bond and that person has died, the bond belongs to that person's estate. If two people are named on the bond and both have died, the bond belongs to the estate of the one who died last.

1 Treasury Bills are short-term debt instruments denominated in South African Rands (ZAR) and are sold at a discount to par and carry no coupon. Treasury Bills are issued to the market at different maturities ranging from 1-day to 12-months. Treasury Bills are redeemable at par on maturity.

It is not a crime to work two jobs at the same time, although it may constitute a breach of the contractual terms under which you have agreed to work for your existing employer, especially when working for a competitor.

The maximum normal working time allowed (section 9 BCEA) is 45 hours weekly. This is 9 hours per day (excluding lunch break) if the employee works a five-day week, and 8 hours per day (excluding lunch break) if the employee works more than 5 days per week.