JOHANNESBURG, March 26 (Reuters) – South Africa sold 611 million rand ($40.72 million) of three-month Treasury bills, less than the 1.4 billion rand on offer, at an average yield of 3.85% from 3.86% last week, central bank data showed on Friday. The bid-to-cover ratio fell to 1.0 from 1.3 last week. Auction date: 26/03/2021 Settlement date: 31/03/2021 Days 92 182 273 364 Amount received (R’bln) 0.611 5.432 6.277 15.267 Amount on offer (R’bln) 1.400 3.070 4.040 4.440 Amount allotted (R’bln) 0.611 3.070 4.040 4.440 Bid-to-cover ratio 1.0 1.8 1.6 3.4 Avg discount rate (%) 3.81 4.53 4.62 4.64 Average yield (%) 3.85 4.64 4.77 4.86 ($1 = 15.0066 rand) (Reporting by Olivia Kumwenda-Mtambo)

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