JOHANNESBURG, June 8 (Reuters) - South Africa sold 3.685 billion rand ($443.94 million) worth of three-month Treasury Bills on Friday at an average yield of 5.66 percent from 5.65 percent last week. The bid-to-cover ratio rose to 1.59 from 1.32 previously, Reserve Bank data showed. Auction date: 08-06-2012 Settlement date: 13-06-2012 Days 91 182 273 364 Amount received (R'bln) 5.851 4.750 3.785 2.32 Amount allotted (R'bln) 3.685 1.515 1.13 0.88 Bid-to-cover ratio 1.59 3.14 3.35 2.64 Avg discount rate (pct) 5.58 5.59 5.5 5.42 Average yield (pct) 5.66 5.75 5.74 5.73 For details of the auction double-click on ($1 = 8.3007 South African rand) (Reporting by Tshepo Tshabalala)
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Article source: http://feeds.reuters.com/~r/reuters/AfricaSouthAfricaNews/~3/U71Qwltf-cA/idAFJ8E8FA01H20120608

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