S.Africa’s 3-month T-bill average yield steady at 5.61 pct MyZA

JOHANNESBURG, March 2 (Reuters) - South Africa sold 3.825 billion rand ($512.67
million) worth of three-month Treasury Bills on Friday at 5.61 percent, the same yield as last
week, while the bid-to-cover ratio was lower at 1.14 from 1.23, Reserve Bank data showed on
Friday.	
    	
  Auction Date               2012-03-02  	
  Settlement Date            2012-03-07  	
      	
 Days                       91        182        273        364          
 Amount Received (R'bln)    4.360     2.50       1.70       1.82        
 Amount Allotted (R'bln)    3.825     1.38       0.98       0.66 
 Bid-to-cover ratio         1.14      1.81       1.74       2.76          
 Average Discount Rate (%)  5.53      5.60       5.65       5.66         
 Average Yield              5.61      5.76       5.90       6.00         
 TBs outstanding (R'bln)   48.756    35.80      38.22     33.605   
    For details of the auction result double-click on  	
 ($1 = 7.4609 South African rand)	
	
 (Reporting by Xola Potelwa)