National Treasury is set to pay more than R2 billion in interest to investors that have lent it money on one of South Africa's inflation-linked government bonds. In a notice posted on the JSE’s Stock Exchange News Service, National Treasury said an interest payment of R2.02 billion would be made on 8 June on the R202 inflation-linked bond. This interest payment will cover the past six months. While the bond's base interest rate is 3.45% a year, inflation adjustments pushed the effective rate for this period to 10.673%, resulting in a larger payout to investors. [...]