S.Africa 3mth T-Bill average yield dips to 5.65 pct

JOHANNESBURG, June 15 (Reuters) - South Africa sold 3.685 billion rand ($440
million)worth of three-month Treasury Bills on Friday at an average yield of
5.65 percent from 5.66 percent last week. The bid-to-cover ratio rose to 1.9
from 1.59 previously, Reserve Bank data showed.	
        	
     Auction date:     15-06-2012
     Settlement date:  20-06-2012     
  Days                       91        182        273        364  
 Amount received (R'bln)    6.986     5.82       2.1        2.63
 Amount allotted (R'bln)    3.685     1.515      1.13       0.88  
 Bid-to-cover ratio         1.9       3.84       1.86       3.0  
 Avg discount rate (pct)    5.57      5.57       5.49       5.4  
 Average yield (pct)        5.65      5.73       5.73       5.71 
 
    For details of the auction double-click on  	
($1 = 8.37 South African rand)	
	
 (Reporting by Stella Mapenzauswa)

© Thomson Reuters 2012 All rights reserved

Article source: http://feeds.reuters.com/~r/reuters/AfricaSouthAfricaNews/~3/sY1Jp0Aidjo/idAFJ8E8FA02020120615





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