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TABLE-South Africa’s 3-month T-bill average yield at 3.86%

PUBLISHED: Fri, 16 Apr 2021 10:33:49 GMT

JOHANNESBURG, April 16 (Reuters) – South Africa sold 1.3 billion rand ($91.35 million) of three-month Treasury bills, at an average yield of 3.86% from 3.88% last week, central bank data showed on Friday. The bid-to-cover ratio rose to 2.5 from 1.8 last week. Auction date: 16/04/2021 Settlement date: 21/04/2021 Days 91 182 273 364 Amount received (R’bln) 3.303 8.848 17.018 8.613 Amount on offer (R’bln) 1.300 2.940 3.990 4.300 Amount allotted (R’bln) 1.300 2.940 3.990 4.300 Bid-to-cover ratio 2.5 3.0 5.0 2.0 Avg discount rate (%) 3.83 4.52 4.58 4.57 Average yield (%) 3.86 4.62 4.74 4.79 ($1 = 14.2303 rand) (Reporting by Mfuneko Toyana Editing by Promit Mukherjee)

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