In line with its objective of consolidating the total government debt into benchmark bonds, the National Treasury hereby announces a buyback auction of illiquid and 'exhomeland bonds' to the total nominal amount of R 1,457,288,073.00.
R177 14.50% 15 May 2007 447,383,125.
Total amount R 1,411,542,073.
Total amount R 45,746,000.
Participants are requested to submit their bids at the South African Reserve Bank.
The Terms and Conditions of the Buyback Programme apply.