S.Africa’s 3-mth T-Bill avg yield rises to 5.63 pct MyZA

JOHANNESBURG, March 16 (Reuters) - South Africa sold 2.016 billion
rand ($264.83 million) worth of three-month Treasury Bills on Friday -- less
than the 3.825 billion rand on offer -- at an average yield of 5.63 percent from
5.61 percent last week.	
    The bid-to-cover ratio fell to 0.53 from 1.59 previously, Reserve Bank data
showed.	
    Auction date:     16-03-2012	
    Settlement date:  22-03-2012     	
 Days                       90         181         272         363  
 Amount received (R'bln)    2.016      2.2         1.93        1.391  
 Amount allotted (R'bln)    2.016      1.38        0.98        0.66  
 Bid-to-cover ratio         0.53       1.59        1.97        2.11 
 Avg discount rate (pct)    5.55       5.61        5.64        5.66 
 Average yield (pct)        5.63       5.77        5.89        6.0  
 TBs oustanding (R'bln)    46.909     35.88       38.22       33.975
    For details of the auction double-click on   	
($1 = 7.6126 South African rand)	
	
 (Reporting by Stella Mapenzauswa; editing by David Dolan)