The South African Reserve Bank (SARB) has notified market participants that it will be closed for trading and settlement on several public holidays during the upcoming festive season.
In a statement, the central bank confirmed that it will not conduct trading or settlement on the following official public holidays:
- Tuesday, 16 December 2025
- Thursday, 25 December 2025
- Friday, 26 December 2025
- Thursday, 1 January 2026
The SARB said all open market and foreign exchange transactions have been scheduled to mature and settle only on official business days throughout December 2025 and January 2026.
“No settlement will take place via the South African Multiple Option Settlement (SAMOS) system on the dates specified above,” the bank said.
Foreign exchange desk
The Reserve Bank also advised that its foreign exchange desk will close earlier than usual on 24 December and 31 December 2025, shutting operations at 12:00 midday on both days.
Domestic money market operations will continue as normal, with the position closing at 16:55 on both dates.
Market participants with queries have been advised to contact Provia Mangoedi on +27 12 313 4952 or Andries Tshishonga on +27 12 313 4950.
Monthly bond repayment table
The table below shows the current monthly bond repayments on various bond values over a 20-year period assuming no deposit and repayments at prime.
The repo rate is 6.75% while the prime lending rate is 10.25%.
| Bond | New |
| R750 000 | R7 362 |
| R800 000 | R7 853 |
| R850 000 | R8 344 |
| R900 000 | R8 835 |
| R950 000 | R9 326 |
| R1 000 000 | R9 816 |
| R1 500 000 | R14 725 |
| R2 000 000 | R19 633 |
| R2 500 000 | R24 541 |
| R3 000 000 | R29 449 |
| R3 500 000 | R34 358 |
| R4 000 000 | R39 266 |
| R4 500 000 | R44 174 |
| R5 000 000 | R49 082 |
