South Africa has issued two new bonds worth $5-billion in international capital markets, the National Treasury announced on Tuesday.
In a statement National Treasury said: “The Republic of South Africa was able to successfully place $5-billion in bonds maturing in 2029 (10-year) and 2049 (30-year) in the international capital markets on 23 September 2019, with $2-billion and $3-billion placed in the 2029 and 2049 tranches respectively.