Friday, August 3, 2007

S.Africa 3-mth T-bill discount rate down at 8.84 pct

(Reuters) - The average discount rate for South African three-month Treasury Bills decreased to 8.84 percent on Friday from 8.86 percent last week, the Reserve Bank said.

The average yield was also down at 9.04 percent from 9.06 percent and applications for the 2.3 billion rand of bills on offer totalled 5.02 billion rand.


Read more at Reuters Africa

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