Sales of the RSA Government Retail Bond have reached R 1,376 billion since it's launch in May 2004. 16 890 people have invested with a total of 25 138 investments.
The interest rates are determined by interpolating the equivalent yields of the 2year, 3-year and 5-year Government Bonds.
The above interest rates are applicable from 1 June 2005 until 30 June 2005.
The retail bond has attracted new as well as the smaller investors. About 51% of the total investments, invested R20 000,00 and less. It is important to note the South Africans from all walks of life have invested in the retail bond.