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Update: Tap issuances under the infrastructure and development finance bonds
REPUBLIC OF SOUTH AFRICA
Department of National Treasury
Issuer code: BIRSA
Bond code: RI2036 ISIN: ZAG000221045
Bond code: RI2041 ISIN: ZAG000221052
("National Treasury")
UPDATE: TAP ISSUANCES UNDER THE INFRASTRUCTURE AND DEVELOPMENT FINANCE BONDS
Noteholders are referred to the announcement published on SENS on Wednesday, 10 December 2025
regarding the listing of Unsecured Fixed Rate Infrastructure and Development Finance Bonds ("Notes")
under series RI2036 and RI2041, respectively, issued in terms of the Republic of South Africa's Domestic
Multi Term Note Programme Memorandum dated 9 September 2019, as updated, supplemented and/or
amended from time to time, with effect from Thursday, 11 December 2025.
The National Treasury hereby advises investors that it intends to commence quarterly tap issuances of the
RI2036 and RI2041 Notes through scheduled auctions. The auctions will be conducted through the
Primary Dealer / Automated Universal Debt Platform. Details of the scheduled auction dates will be
communicated through the publication of an Infrastructure Bond Auction Calendar. The first auction is
anticipated to be held on Wednesday, 8 July 2026.
The introduction of the Primary Dealer / Automated Universal Debt Platform issuance mechanism does not
amend or modify the existing terms and conditions of the RI2036 and RI2041 Notes, which remain
unchanged.
For further enquiries contact:
Wanga Cibi
Chief Director: Liability Management
012 315 5274 / +27 63 698 7846
Pretoria
23 June 2026
Debt Sponsor
One Capital
Date: 23-06-2026 01:00:00
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