Operational Notice - South African Reserve Bank

Appendix VIISOUTH AFRICAN RESERVE BANK LONGER-TERM REVERSE REPOS1. SCREEN ANNOUNCEMENTEstimated time of release: Invitation normally at around 15:00 on the working day before the auction.Results at around 11:00.FIGURE 1: Reverse repo InvitationTenders for reverse repo acutions are invited against the selling of up to R ______ M R194’s and/or R ______ MR150’s and/or R ______ M R186’s with maturities of 28 or 91 daysAuction date: __________; Settlement: ___________ Maturity date: ___________ (28 days) __________ (91 days)Minimum bid is limited to R10 million, thereafter bids must be submitted in multiples of R1 million. Bids to beexpressed to the nearest 0,01% and submitted to FMD telephonically at 012 - 313 4952/7 before 10:00. Results willbe announced at approximately 11:00. Please note that in terms of the established convention w.r.t. classic moneymarket repos, the coupon interest on the above bond is payable to the supplier of the stock (i.e. SARB).FIGURE 2: Reverse Repo ResultsTender results: R150 R194 R18628-day resultsTotal amount alloted = R ___________ M = R ___________ M = R ___________ MTotal amount received = R ___________ M = R ___________ M = R ___________ MAverage reverse repo rate: _____________ % _____________ % _____________ %91-day resultsTotal amount alloted = R ___________ M = R ___________ M = R ___________ MTotal amount received = R ___________ M = R ___________ M = R ___________ MAverage reverse repo rate: _____________ % _____________ % _____________ %Outstanding L/T reverse repos amount to R ______________ million as of _______________________________ .Please note that figures 1 and 2 are illustrations. The Reserve Bank reserves the right to amend the contents ofany page at its discretion.20