South Africa Treasury bills · auction of 26 May 2000
South Africa T-bill auction, 26 May 2000: 91-day at 10.47%, up 17 bps
At the Treasury bill auction dated 26 May 2000, the South African Reserve Bank cleared the 91-day bill at 10.47% (up 17 basis points). The rate shown is the average rate at which bills are allotted in the weekly auction.
Over the past year the 91-day rate has ranged from 9.76% to 10.71%.
What this means for ZAR 100,000
Worked from the published rate · information, not advice
ZAR 2,618 in 3 months on the 91-day bill
Put ZAR 100,000 into the 91-day bill at this auction and you get back ZAR 102,618 after 3 months: ZAR 2,618 in interest before any withholding tax, about ZAR 873 a month.
That is ZAR 43 more than the same money would have earned at the previous auction.
The government pays the full amount at maturity; the risk is South Africa’s government not paying, and the money is locked until then.
Results
By tenor
| Tenor | Rate | Previous | Offered | Bids | Accepted |
|---|---|---|---|---|---|
| 91-day | 10.470% | 10.300% | — | — | — |
Source: South African Reserve Bank result · average rate at which bills are allotted in the weekly auction
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Afronomics (2026). South Africa Treasury bill auction, 26 May 2000, compiled from the South African Reserve Bank. Retrieved 4 October 2026, from https://www.afronomicsfeed.com/markets/tbills/southafrica/2000-05-26
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