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T-Bills See Improved Demand at Auction

SOUTH AFRICA

T-BILL AUCTION RESULTS

  • 1.4 Billion Rand 91-day Bills; Bid-Cover 1.64x (1.38x), Ave yield 3.78% (3.61%)
  • 3.07B Rand 182-day Bills; Bid-Cover 1.22x (1.36x), ave yield 4.08% (3.81%)
  • 4.04B Rand 273-day Bills; Bid-Cover 2.15x (2.06x), ave yield 4.26% (3.85%)
  • 4.44B Rand 364-day Bills; Bid-Cover 1.55x (1.34x), ave yield 4.3% (3.95%)
  • Mixed To firmer demand picture across the auction with most picking up slightly, apart from 182-day bills
MNI London Bureau | +44 020-3983-7894 | murray.nichol@marketnews.com
MNI London Bureau | +44 020-3983-7894 | murray.nichol@marketnews.com

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