25
Nov
Chamwe Kaira The national treasury of South Africa has introduced a new infrastructure and development finance bond. The announcement follows the statement made by finance minister Enoch Godongwana during the 2025 medium term budget policy Statement. The bond is designed to raise funds to finance or refinance projects under the government’s budget facility for infrastructure. Absa Bank Limited and Tysys Capital Group will act as co-arrangers for the transaction. The issuance will take place under the domestic multi-term note programme. Two senior unsecured instruments will be offered: RI2036, with a 10.3-year tenor and maturity date of 31 March 2036, and…
