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)
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