SOUTH Africa’s Imperial Holdings has issued an R800-million bond due March 14, 2006 and priced at 75 basis points over the government bond yield curve, lead managers Standard Bank said on Thursday. The bond’s yield to maturity was 11,06%, with a coupon of 11%, a statement from the bank said. There were no details on the purpose of the bond, but South African corporates have stepped up issuance recently in the wake of a 200 basis point decline in government bond yields this year. Imperial has car rental, leasing and fleet management concerns as well as motor trading, transportation, warehousing, finance, property and short-term insurance. – Reuters