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 Government Treasury Bills - Results, Auction No. 111

Treasury Bills Issue Number                               TB -091-30052007

Auction Date                                                     30 May 2007

Settlement Date                                                 01 June  2007

Maturity Date                                                     31 August 2007

 

Amount Offered (Face Value)                              M 170 million

Total of bids received                                          M 280.34 million

Amount Issued                                                  M 170 million

Allocation Price of successful bids                      98.115

Equivalent Discount Rate                                    7.5607%

Equivalent Annual Effective Yield                         7.9317%

Allocation at the cut-off                                       100%

Range of successful prices                                 98.280-98.115

Range of unsuccessful prices                              98.115-98.105

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