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S.Africa 3-month T-Bill avg yield up at 5.15 pct

27 July 2012 By admin

JOHANNESBURG, July 27 (Reuters) - South Africa sold 2.685 billion rand ($325.01 million)
worth of three-month Treasury Bills on Friday -- 1 billion rand less than is usually on offer --
at an average yield of 5.15 percent from 5.11 percent last week. 
    Last week Treasury only managed to sell 3.507 billion rand out of a 3.685 billion rand worth
of three-month bills on offer.
    The bid-to-cover ratio was at 1.98 on Friday from 1.8 previously, Reserve Bank data 
showed. 
    
  Auction date:     27-07-2012  
  Settlement date:  01-08-2012   
 Days                       91        182        274        364    
 Amount received (R'bln)    5.303     2.825      4.25       2.88   
 Amount allotted (R'bln)    2.685     1.515      1.13       0.88    
 Bid-to-cover ratio         1.98      1.87       3.76       3.27  
 Avg discount rate (pct)    5.08      5.01       4.97       4.9    
 Average yield (pct)        5.15      5.14       5.16       5.15    
 ($1 = 8.2612 South African rand)

 (Reporting by Xola Potelwa)

© Thomson Reuters 2012 All rights reserved





Previous: S.Africa aims to cash in on E.Africa energy boom
Next: TABLE-Results of S.Africa’s CPI-linked bond sale





Filed Under: South Africa Tagged With: news, reuters, south africa

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