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 Government Treasury Bills - Auction 156

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

Details are as follows:

Auction Date                : 17 Jun 2009

Settlement Date           : 17 Jun 2009

Bids Close                    : 3.00 p.m., 16 Jun 2009

Results at                     : 10.00 a.m., 17 Jun 2009

Days

91

182

273

364

Maturity dates

2009 Sep 16

2009 Dec 16

2010 Mar 17

2010 Jun 16

Amount Offered

M12.0Million

M12.0 Million

M8.0Million

M8.0 Million

Recent Similar Discount Rate

6.7585%

7.1997%

8.0487%

7.9016 %

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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