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

Recent Comments