Business & Finance
South Africa's 3-month T-bill average yield steady at 6.85pc
South Africa sold 1.914 billion rand ($126.27 million) of three-month Treasury bills, at an average yield of 6.85pc
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- South Africa sold 1.914 billion rand ($126.27 million) of three-month Treasury bills, at an average yield of 6.85pc, unchanged from last week.
JOHANNESBURG: South Africa sold 1.914 billion rand ($126.27 million) of three-month Treasury bills, at an average yield of 6.85pc, unchanged from last week, central bank data showed on Friday.
The bid-to-cover ratio fell to 1.3 from 1.9 last week.
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