S.Africa 3mth T-Bill avg yield lower at 5.11 pct MyZA

JOHANNESBURG, Aug 17 (Reuters) - South Africa sold 2.685 billion rand
($326.47 million) worth of three-month Treasury Bills on Friday at an average
yield of 5.11 percent, slightly lower than last week's yield of 5.13 percent.
    The bid-to-cover ratio for the three-month bills dipped to 3.19 from 3.4
previously, Reserve Bank data showed.
    
 
     Auction date:     17-08-2012
     Settlement date:  22-08-2012     
 Days                       91        182        273        364  
 Amount received (R'bln)    8.572     3.228      2.5        2.35  
 Amount allotted (R'bln)    2.685     1.515      1.13       0.88  
 Bid-to-cover ratio         3.19      2.13       2.21       2.67
 Avg discount rate (pct)    5.05      5.05       5.01       4.9  
 Average yield (pct)        5.11      5.18       5.21       5.15
    For details of the auction double-click on 
($1 = 8.2242 South African rand)

 (Reporting by Stella Mapenzauswa)