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 Government Treasury Bills - Results

Results of Government of Lesotho Treasury Bill Tender - No. 126

Treasury Bills Issue Number                               : TB -091-02042008

Auction Date                                                     :  02 April 2008

Settlement Date                                                 :  04 April 2008

Maturity Date                                                     :  04 July 2008

Amount Offered (Face Value)                              :  M 150 million

Total of bids received                                          :  M 246.4 million

Amount Issued                                                  :  M 150 million

Allocation Price of successful bids                      :  97.580

Equivalent Discount Rate                                    :  9.7066%

Equivalent Annual Effective Yield                         : 10.3249%

Allocation at the cut-off                                       :  100%

Range of successful prices                                 :  98.205 - 97.580

Range of unsuccessful prices                              :  97.580 - 97.550

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