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South Africa's 3-month T-bill average yield falls to 7.21pc

Published Updated

JOHANNESBURG: South Africa sold 1.8 billion rand ($155 million) worth of three-month Treasury bills on Friday, at an average yield of 7.21 percent compared with 7.27 percent last week, central bank data showed.

The bid-to-cover ratio rose to 2.9 from 2.5.

 

 

Copyright Reuters, 2018
 

 

 

 

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