Satrix SA Bond Portfolio Expands Listing: 1 Million Securities Added to JSE Offering

  • Satrix SA Bond Portfolio lists additional 1,000,000 securities on the JSE
  • Issue price of approximately R7.81 per security
  • Total of 104,980,722 Satrix SA Bond Portfolio securities in circulation
Satrix

Satrix SA Bond Portfolio successfully listed an additional 1,000,000 securities on the Johannesburg Stock Exchange (JSE) under the JSE code STXGOV and ISIN ZAE0000285862. The securities were issued at an issue price of approximately R7.81 per security, marking a significant expansion for the portfolio.

The listing of these additional securities is in line with Satrix SA Bond Portfolio’s growth strategy and the increasing demand from investors. The portfolio, registered under the Collective Investment Schemes Control Act, 45 of 2002, has gained popularity for its diversified exposure to fixed income securities, primarily South African government bonds.

With the listing of the 1,000,000 securities, the total number of Satrix SA Bond Portfolio securities in circulation now stands at 104,980,722. The portfolio’s investment approach aims to offer investors stable returns while minimizing risks associated with equity investments.

Vunani Sponsors, the JSE Sponsor, expressed their support for the Satrix SA Bond Portfolio’s expansion and highlighted the significance of the additional listing of securities in broadening investment opportunities for market participants.

Interested investors can access the Satrix SA Bond Portfolio securities through authorized brokers on the JSE. Both institutional and retail investors seeking exposure to the fixed income market are expected to show interest in these securities.

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