Satrix Bond Portfolio Expands with 2M New Securities

  • Satrix SA Bond Portfolio (STXGOV) issues and lists 2,000,000 additional securities on JSE.
  • The move aims to meet growing demand for fixed-income investments and provide enhanced liquidity and flexibility.
  • Vunani Sponsors facilitates the listing, reinforcing Satrix's position as a key player in the investment market.
Satrix

Satrix SA Bond Portfolio (STXGOV) has taken a bold step in expanding its presence in the investment market by issuing and listing an additional 2,000,000 securities on the Johannesburg Stock Exchange (JSE) today. This move comes as a response to the growing demand for fixed-income investments and represents a strategic move to meet investor needs and capitalize on emerging opportunities within the bond market.

The newly listed securities are expected to offer investors enhanced liquidity and flexibility, opening doors to a broader range of investment options in the bond space. With an issue price of approximately R7.89 per security, these new additions aim to attract a diverse array of investors seeking stable returns through bond investments.

Solidifying Satrix SA Bond Portfolio’s Presence

The Satrix SA Bond Portfolio, operating under the Satrix Collective Investment Scheme and regulated by the Collective Investment Schemes Control Act, has long held a reputable position in the investment landscape. Its prudent approach to investing in fixed-income instruments, including government and corporate bonds, has made it an attractive choice for investors seeking exposure to the bond market.

The expansion of the portfolio through the listing of 2,000,000 additional securities is a testament to the portfolio management team’s commitment to maintaining its strong market standing while offering investors an opportunity to access the bond market through a reliable and established avenue.

Key Information on the Listing

The table below outlines the essential details related to the listing of the additional Satrix SA Bond Portfolio securities:

Securities IssuedJSE CodeISINIssue Price (Approx.)
2,000,000STXGOVZAE0000285862R7.89

Following the listing of the 2,000,000 securities, the total number of Satrix SA Bond Portfolio (STXGOV) securities in circulation has reached an impressive 108,980,722 units.

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