International bonds: South Africa, 3.75% 24jul2026, EUR (XS1090107159) (2024)

FAQs

Are South African bonds a good investment? ›

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.

These bonds can be acquired at the South African post office or online through https://secure.rsaretailbonds.gov.za.

The South Africa 10Y Government Bond has a 10.773% yield. Central Bank Rate is 8.25% (last modification in May 2023).

In South Africa, a bond is an amount borrowed against a property for purchase. In return for the bank or lending institution granting a bond, the borrower or bondholder must make a monthly payment of interest and capital.

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.

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%.

Once a Series I bond is five years old, there is no interest penalty for redemption. Question: Can you determine what the value of a Series I bond will be in future years? inflation rate can vary. You can count on a Series I bond to hold its value; that is, the bond's redemption value will not decline.

If a surviving co-owner or beneficiary is named on the savings bond, the bond goes directly to that person. It does not become part of the estate of the person who died. If you are the named co-owner or beneficiary who inherits the bond, you have different options for paper EE or I bonds and paper HH bonds.

The current prime lending rate is 11.75%, based on a repo rate of 8.25% as determined by the South African Reserve Bank. Use our Bond Calculator to determine how this will affect the cost of your home loan.

What is the best bond rate in South Africa? ›

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.

If there is an existing mortgage bond over the property, it will be cancelled together with the registration of the transfer and mortgage bond. The transferring attorney will request a Rates Clearance Certificate from the municipality, and you will be required to pay a few months in advance to obtain the certificate.

A bank will start legal proceedings against you for missing your bond repayments usually after 3 or more months of missed payments. Repossession of your home would be a last resort, but it is definitely possible if you have consistently defaulted on your repayment of your home loan.

The Loan to Value amount is granted on the same basis as per SA Citizens with certain limitations. 2. Foreign Nationals: Applicants must have a valid foreign passport with a valid temporary residence visa such as a work visa, spousal visa, etc.

OFFERS GUARANTEED-RETURNS TO THE PUBLIC

The RSA Retail Bond is a no cost, safe, secure and risk free investment for ordinary South Africans, which offer Bond Market returns directly to the public.

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.

The provisions of the Income Tax Act, 1962 (Act 58 of 1962) regarding interest apply to all interest earned on RSA Retail Savings Bonds. As a general rule, investors treat interest received as ordinary revenue for purposes of income tax.