Sales of the RSA Government Retail Bond have reached R 1,333 billion since it's launch in May 2004. R721 million has been invested in the 2-year bond, R193 million in the 3year bond and R378 million has been invested in the 5-year bond. 16 513 people have invested with a total of 24 210 investments.
The interest rates are determined by interpolating the equivalent yields of the 2-year, 3year and 5-year Government Bonds.
The interest rates are determined on the last business day of the month (29 April 2005) and are applicable from 1 May 2005 until 31 May 2005.