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 Government Treasury Bills - Auction 151

The Central Bank of Lesotho invites bids for Government of Lesotho Treasury Bills

Details are as follows:

Auction Date              : 15 April 2009

Settlement Date         : 15 April 2009

Bids Close                 : 3.00 p.m 14 April 2009

Results at                  : 10.00 a.m., 15 April 2009

 

  : 10.00a.m., 18 March 2009

Days

91

182

273

364

Maturity dates

2009 Jul 15

2009 Oct 14

2010 Jan 13

2010 Apr 14

Amount Offered

M9.0 Million

M9.0 Million

M6.0 Million

M6.0 Million

Recent Similar Discount Rate

8.2426%

7.3501%

8.2092%

8.1624%

The minimum bid amounts for competitive and non-competitive bids are M100,000 and M5,000 respectively.  Bidders must complete the details on tender form CBL/TBR/1. Both Competitive Bids and Non-Competitive Bids in sealed envelopes must be deposited in the tender boxes marked “Tender Box: Competitive Bids” or “Tender Box: Non-Competitive Bids” respectively, in the foyer of the Central Bank of Lesotho, Maseru, by the deadline for submission of bids as shown above.

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