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S.Africa 3mth T-Bill avg yield lower at 5.13 pct

10 August 2012 By admin

JOHANNESBURG, Aug 10 (Reuters) - South Africa sold 2.685 billion rand ($330
million) worth of three-month Treasury Bills on Friday at an average yield of
5.13 percent, slightly lower than last week's yield of 5.15 percent. 
    The Treasury sold 65 million rand less of it six-month bills than it had put
on offer.
    The bid-to-cover ratio for the three-month bills rose to 3.4 from 2.5
previously, Reserve Bank data showed.
        
     Auction date:     10-08-2012
     Settlement date:  15-08-2012     
 Days                       91        182        273        364  
 Amount received (R'bln)    9.038     2.7        2.384      2.476
 Amount allotted (R'bln)    2.685     1.45       1.13       0.88  
 Bid-to-cover ratio         3.4       1.8        2.1        2.8
 Avg discount rate (pct)    5.07      5.07       4.99       4.90 
 Average yield (pct)        5.13      5.20       5.18       5.15
    For details of the auction double-click on 
($1 = 8.1337 South African rand)

 (Reporting by Tshepo Tshabalala)

© Thomson Reuters 2012 All rights reserved





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

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