Friday, February 2, 2007

S.African 3-month T-Bill discount rate at 8.82 pct

The average discount rate for South African three-month Treasury Bills slipped to 8.82 percent on Friday from 8.87 percent last week.

The average yield was 9.02 percent, the Reserve Bank said.
Applications for the 2.3 billion rand of bills on offer amounted to 5.511 billion rand.

Read more at Reuters South Africa

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