S.Africa’s 3-month T-Bill avg yield at 5.54 percent MyZA

JOHANNESBURG, Dec 23 (Reuters) - South Africa auctioned 3.825 billion
rand ($469.60 million) worth of three-month Treasury Bills on Friday at an
average yield of 5.54 percent, with a bid-to-cover ratio of 1.4, Reserve Bank
data showed. 	
 	
 Auction date:     23-12-2011  
 Settlement date:  28-12-2011    
 	
  Days                       91         182         273         364 
  Amount received (R'bln)    5.337      2.01        2.1         1.76
  Amount allotted (R'bln)    3.825      1.38        0.98        0.66 
  Bid-to-cover ratio         1.4        1.46        2.14        2.67
  Avg discount rate (pct)    5.46       5.51        5.64        5.55
  Average yield (pct)        5.54       5.67        5.89        5.88
  TBs outstanding (R'bln)   54.763     35.8        38.22       31.755
 
    For details of the auction double-click on 	
($1 = 8.1453 South African rand)	
	
 (Reporting by Xola Potelwa)