Markets

South Africa's 3-month T-Bill average yield edges up to 6.09pc

Published December 5, 2014 Updated December 5, 2014 01:38pm

JOHANNESBURG: South Africa sold 4.685 billion rand ($418 million) worth of three-month Treasury Bills on Friday, at an average yield of 6.09 percent, up slightly from 6.05 percent last week.

The bid to cover ratio also edged higher to 1.4 from 1.3.

Copyright Reuters, 2014