Business & Finance
South Africa's 3-month T-bill average yield higher at 6.93pc
The bid-to-cover ratio fell to 1.1 from 1.3 last week.
JOHANNESBURG: South Africa sold 770 million rand ($52
- The bid-to-cover ratio fell to 1.1 from 1.3 last week.
JOHANNESBURG: South Africa sold 770 million rand ($52 million) of three-month Treasury bills, less than the 2.4 billion rand on offer, at an average yield of 6.93pc, central bank data showed on Friday.
The bid-to-cover ratio fell to 1.1 from 1.3 last week.
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