"It's quite possible there will be a sukuk at some point," Tshepiso Moahloli, director of debt issuance and management in South Africa's national treasury, told IFR on the sidelines of a Euromoney conference, late on Wednesday. "There will not be one this year. It may be next year."
"We want to introduce sukuk locally," Moahloli said. "Something that our local retail investors will have to invest in."
South Africa printed its debut US$500m five year sukuk in September last year.