JOHANNESBURG, July 20 (Reuters) - South Africa sold 3.507 billion rand
($428.46 million) worth of three-month Treasury Bills on Friday -- less than the
3.685 billion rand of bills on offer -- at an average yield of 5.11 percent from
5.62 percent last week.
The bid-to-cover ratio was at 1.8 from 2.31 previously, Reserve Bank data
showed.
Auction date: 20-07-2012
Settlement date: 25-07-2012
Days 91 182 273 364
Amount received (R'bln) 6.672 5.24 3.6 2.8
Amount allotted (R'bln) 3.507 1.515 1.13 0.88
Bid-to-cover ratio 1.8 3.46 3.19 3.18
Avg discount rate (pct) 5.05 5.0 4.99 4.92
Average yield (pct) 5.11 5.13 5.18 5.17
For details of the auction double-click on
($1 = 8.1852 South African rand)
(Reporting by Stella Mapenzauswa; Editing by Xola Potelwa)
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