Friday, May 25, 2007

S.Africa's 3-month T-Bill rate up at 8.68 pct

(Reuters) - The average discount rate for South African three-month Treasury Bills rose to 8.68 percent on Friday from 8.64 percent last week, the Reserve Bank said.

The average yield was 8.87 percent from 8.83 percent, while applications for the 2.3 billion rand of bills on offer totalled 5.361 billion rand.


Read more at Reuters Africa

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