South Africa raised $3.5-billion in a sale of dollar bonds that attracted demand for almost four times that amount, the latest sign of investors flocking to the nation’s financial assets. Africa’s most industrialized economy priced $1.75-billion each of 12- and 30-year bonds at yields of 6.25% and 7.375% respectively on Thursday, according to a person familiar with the matter who asked not to be identified as they’re not authorized to speak publicly. That compares with yields of 7.1% and 7.95% on similar-maturity notes issued in November 2024.