The South African National Roads Agency Ltd (SANRAL), founded in 1998 and based in Pretoria, is tasked with the management, maintenance, and development of South Africa's national road infrastructure. The agency plays a crucial role in ensuring the nation's road network is efficient and safe, serving both economic and logistical needs. Key services include road construction, upkeep, and toll collection across highways that connect various regions of the country.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| SANRAL 9.00% 2025-09-30 ZARSouth African National Roads Agency Ltd | South Africa | 2025-09-30 | 9.000 | 0.00 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
SANRAL has been actively issuing bonds since its inception, funding vital infrastructure projects through its debt instruments. Notably, in 2019, SANRAL issued R5 billion in bonds to support road upgrades and expansions, significantly enhancing its financing capabilities. The agency's bonds offer competitive yields that are often aligned with or better than industry averages, catering to a range of institutional and retail investors. Recent developments also highlight SANRAL's commitment to environmental sustainability, with green bond initiatives being considered to support eco-friendly projects.