SARB interest rate May 2026 decision lands on Wednesday 28 May, with the Monetary Policy Committee facing a tougher inflation backdrop than in March. Fuel pass-through from the 6 May hike is expected to push headline CPI to 4.2%, putting Governor Lesetja Kganyago’s “data-dependent” caveat back under live debate.
Also read: Petrol hits R26.52 a litre: full breakdown of SA’s 6 May 2026 fuel hike
SARB interest rate May 2026: bond impact at R1m, R2m, R3m
A 25 basis-point hike lifts prime to 11.50%, adding roughly R165 a month to the standard bond instalment on R1 million over 20 years, R330 on R2 million and R495 on R3 million. Executors holding estate cash gain on call accounts. Trustees with late accounts face higher Master’s interest exposure as the prescribed rate tracks the repo rate.
Source: South African Reserve Bank, BusinessTech
