South Africa Treasury bills · auction of 24 December 2010
South Africa T-bill auction, 24 December 2010: 364-day at 5.55%, up 3 bps
At the Treasury bill auction dated 24 December 2010, the South African Reserve Bank cleared the 91-day bill at 5.60% (up 1 basis point), the 182-day bill at 5.59% (up 1 basis point) and the 364-day bill at 5.55% (up 3 basis points). The rate shown is the average rate at which bills are allotted in the weekly auction.
Over the past year the 364-day rate has ranged from 5.30% to 6.47%.
What this means for ZAR 100,000
Worked from the published rate · information, not advice
ZAR 5,550 in 12 months on the 364-day bill
Put ZAR 100,000 into the 364-day bill at this auction and you get back ZAR 105,550 after 12 months: ZAR 5,550 in interest before any withholding tax, about ZAR 463 a month.
That is ZAR 30 more than the same money would have earned at the previous auction.
For shorter money: ZAR 2,795 on the 182-day bill (6 months), ZAR 1,400 on the 91-day bill (3 months).
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 | 5.600% | 5.590% | — | — | — |
| 182-day | 5.590% | 5.580% | — | — | — |
| 364-day | 5.550% | 5.520% | — | — | — |
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, 24 December 2010, compiled from the South African Reserve Bank. Retrieved 5 October 2026, from https://www.afronomicsfeed.com/markets/tbills/southafrica/2010-12-24
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