CNBC Africa

Newsfeed

TABLE-South Africa’s 3-month T-bill average yields down to 3.87%

PUBLISHED: Thu, 01 Apr 2021 10:25:49 GMT

JOHANNESBURG, April 1 (Reuters) – South Africa sold 1.3 billion rand ($88.4 million) of three-month Treasury bills, at an average yield of 3.87% from 3.85% last week, central bank data showed on Friday. The bid-to-cover ratio rose to 1.1 from 1.0 last week. Auction date: 01/04/2021 Settlement date: 07/04/2021 Days 91 182 273 364 Amount received (R’bln) 1.482 6.861 4.866 9.538 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 1.1 2.3 1.2 2.2 Avg discount rate (%) 3.83 4.54 4.67 4.64 Average yield (%) 3.87 4.65 4.84 4.87 ($1 = 14.7077 rand) (Reporting by Mfuneko Toyana Editing by Promit Mukherjee)

(c) Copyright Thomson Reuters 2021. Click For Restrictions – https://agency.reuters.com/en/copyright.html