S.Africa 3mth T-Bill avg yield slightly lower at 5.62 pct MyZA

JOHANNESBURG, July 13 (Reuters) - South Africa sold 3.685 billion rand ($443
million) worth of three-month Treasury Bills on Friday at an average yield of
5.62 percent, down from 5.66 last week. The bid-to-cover ratio rose to 2.31 from
2.12 previously, Reserve Bank data showed.
        
     Auction date:     13-07-2012
     Settlement date:  18-07-2012     
 Days                       91        182        273        364  
 Amount received (R'bln)    8.503     3.54       2.9        2.177
 Amount allotted (R'bln)    3.685     1.515      1.13       0.88  
 Bid-to-cover ratio         2.31      2.34       2.57       2.47
 Avg discount rate (pct)    5.54      5.46       5.37       5.22 
 Average yield (pct)        5.62      5.61       5.59       5.51
 
    For details of the auction double-click on 
($1 = 8.3220 South African rand)

 (Reporting by Tshepo Tshabalala)