South Africa 10-Year Government Bond Yield

The yield on 10-year South African government bonds, a market gauge of inflation and interest-rate expectations.

8.95%

+0.20pp vs Aug 2026

Sep 2026 · Monthly data

Not applicable, interest rates are not seasonally adjusted

Matches the latest releaseNot refreshed recently, awaiting the next release

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10-Year Government Bond Yield

Jan 1970 to Sep 2026

Source: FRED series IRLTLT01ZAM156N · monthly average.

South Africa 10-Year Government Bond Yield in context

Worked out from the published series shown above.

In South Africa, the 10-year government bond yield fell by 0.92pp over the year to Sep 2026, from 9.87% in Sep 2025.

Over the past five years it has ranged from 8.26% in Feb 2026 to 12.36% in Oct 2023.

Its average since Jan 1970 is 11.35%, and the latest reading is below that.

South Africa is 3rd of 44 countries in our 10-Year Government Bond Yield by Country ranking.

How this series is defined

Everything you need to check the figure against the source.

Source
FRED
Series
IRLTLT01ZAM156N
Frequency
Monthly
Unit
%
Seasonal adjustment
Not applicable, interest rates are not seasonally adjusted
Latest observation
Sep 2026
Revision status
Market price, not revised

This is not the SARB's own repo policy rate.

Data refreshed 2026-11-06. Figures are the latest published observations and can be revised.

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