JOHANNESBURG, April 9 (Reuters) – South Africa sold 547 million rand ($37.61 million) of three-month Treasury bills, less than the 1.3 billion rand on offer, at an average yield of 3.88% from 3.87% last week, central bank data showed on Friday. The bid-to-cover ratio rose to 1.8 from 1.1 last week. Auction date: 09/04/2021 Settlement date: 14/04/2021 Days 91 182 273 364 Amount received (R’bln) 0.974 6.492 9.497 17.935 Amount on offer (R’bln) 1.300 2.940 3.990 4.300 Amount allotted (R’bln) 0.547 2.940 3.990 4.300 Bid-to-cover ratio 1.8 2.2 2.4 4.2 Avg discount rate (%) 3.85 4.55 4.63 4.59 Average yield (%) 3.88 4.65 4.79 4.81 ($1 = 14.5451 rand) (Reporting by Olivia Kumwenda-Mtambo Editing by Promit Mukherjee)

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