The switch auctions will be conducted once a month for August, September, October and November. The dates and the destination bonds will be announced 7 days before the auction is conducted.
The switch auction for August will be conducted on 07 August 2008.
The switch auction will be conducted on a multiple yield (American style).
Results : 11h30 15. An indicative yield for the source bond will be published at 09h30 on the day of the auction on Reuters, Bloomberg and the SARB's website.