Friday, July 27, 2007

S.Africa 3-month T-bill discount rate down at 8.86 pct

(Reuters) - The average discount rate for South African three-month Treasury Bills decreased to 8.86 percent on Friday, the Reserve Bank said.

The average yield was also down at 9.06 percent from 9.21 percent and applications for the 2.3 billion rand of bills on offer totalled 4.893 billion rand.


Read more at Reuters Africa

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