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What was the purpose of the rand bond in South africa before 1994?

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What was the purpose of the rand bond in South africa before 1994?

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  1. Hi proppeller in 1994 i was about 7 years old i know nothing about that! : (


  2. It was used as a "loan" for government funding:

    http://www.info.gov.za/speeches/1996/96_...
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