Business & Finance

South Africa's 3-month Treasury bill yield dips to 5.85pc

Published Updated

JOHANNESBURG: South Africa sold 2.26 billion rand ($184 million) in three-month Treasury Bills on Friday, at an average yield of 5.85 percent from 5.87 percent last week, central bank data showed.

The bid to cover ratio edged higher to 3.0 from 2.7 last week.

Copyright Reuters, 2015