S.Africa’s 3-mth T-bill average yield up at 5.61 pct MyZA

JOHANNESBURG, Feb 24 (Reuters) - South Africa allotted 3.825 billion
rand ($498.46 million) worth of three-month Treasury Bills on Friday at an
average yield of 5.61 percent from 5.59 percent last week. The bid-to-cover
ratio fell to 1.23 from 2.02 previously, Reserve Bank data showed.	
    	
 Auction date:     24-02-2012    
 Settlement date:  29-02-2012 
  Days                     91       182       273       364        
 Amount received (R'bln)  4.698    3.305     1.55      0.86       
                                                                  
                                                                  
 Amount allotted (R'bln)  3.825    1.38      0.98      0.66       
 Bid-to-cover ratio       1.23     2.39      1.58      1.3        
 Avg discount rate (pct)  5.53     5.59      5.65      5.67       
 Average yield (pct)      5.61     5.75      5.90      6.01       
 TBs outstanding (R'bln) 59.26    35.80     38.22     33.42       
    For details of the auction double-click on 
($1 = 7.6737 South African rand)	
	
 (Reporting by Phumza Macanda)