JOHANNESBURG, Sept 14 (Reuters) - South Africa sold 2.685 billion rand ($326
million) worth of three-month Treasury Bills on Friday at an average yield of
4.99 percent, compared with 5.01 percent last week.
However the bid-to-cover ratio dipped to 3.1 from 3.5.
Auction date: 14-09-2012
Settlement date: 19-09-2012
Days 91 182 273 364
Amount received (R'bln) 8.396 3.349 3.682 3.431
Amount allotted (R'bln) 2.685 1.515 1.13 0.88
Bid-to-cover ratio 3.1 2.1 3.3 3.9
Avg discount rate (pct) 4.93 4.95 4.89 4.83
Average yield (pct) 4.99 5.08 5.08 5.07
For details of the auction double-click on
($1 = 8.2380 South African rand)
(Reporting by Xola Potelwa; Editing by Pascal Fletcher)
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