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DocumentOngoingMedia statement

Media Statement: Publication of the South African Government Use of Proceeds Framework and Second Party Opinion

The Co-operative Banks Development Agency

Official source

Source domain: treasury.gov.za

Collected on 28 June 2026

Always confirm details on the official source before acting.

What this means

This media statement announces the publication by South Africa’s National Treasury of its Sovereign Use of Proceeds Framework and an accompanying Second Party Opinion. The Framework, developed with support from Rand Merchant Bank and J.P. Morgan (and their empowerment partners Theza Capital and Capital Link), sets eligible categories, governance arrangements, and reporting principles for potential thematic sovereign funding instruments such as green bonds. Any future issuance under the Framework is subject to internal readiness processes, and National Treasury may consider issuing ZAR- and USD-denominated instruments and expanding the Framework to include sustainability-linked financing. The documents are available on the National Treasury Investor Relations website, and the statement is issued on 29 May 2026.

What this document offers

Read out of this document by Govermate's AI, in its own words. Each one quotes the line it came from — confirm on the official source before acting.

published framework document accessOngoing

Access to the Use of Proceeds Framework and accompanying Second-Party Opinion (Sustainable Finance Frameworks)

You can access the published Use of Proceeds Framework and the accompanying Second-Party Opinion on the National Treasury Investor Relations website.

Who it is for
members of the public and market participants seeking the published Framework and Second-Party Opinion
How to act on it
Visit the National Treasury Investor Relations website and open the Sustainable Finance Frameworks publication page.

The document's recorded date is 29 May 2026. Confirm on the official source.

Show the line this came from
The Use of Proceeds Framework and the accompanying Second-Party Opinion are available on the National Treasury’s Investor Relations website: https://investor.treasury.gov.za/Publications/Sustainable%20Finance%20Frameworks/

Key Takeaways

  • Issued by: National Treasury
  • Date: 29 May 2026
  • Publication: Sovereign Use of Proceeds Framework
  • Publication: accompanying Second Party Opinion
  • Purpose: basis for potential thematic sovereign funding instruments (including green bonds)
  • Framework content: eligible categories, governance arrangements, reporting principles
  • Alignment: international sustainable finance principles
  • Issuance conditions: internal readiness processes (eligible expenditure pipeline, operational reporting systems, governance structures)
  • Potential denominations: ZAR- and USD-denominated instruments
  • Intended expansion: accommodate sustainability-linked financing (project-based and target-linked instruments)
  • Availability: National Treasury Investor Relations website (Sustainable Finance Frameworks)
  • National Treasury
  • Rand Merchant Bank (RMB)
  • J.P. Morgan
  • Theza Capital
  • Capital Link
  • One Capital
  • Debt Sponsor
  • RMB Sustainability & ESG Advisors
  • JP Morgan Sustainability & ESG Advisors