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 Government Treasury Bills - Auction 176

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

Details are as follows:

Auction Date                 : 03 March 2010

Settlement Date             : 03 March 2010

Bids Close                    : 3.00 p.m., 02 March 2010

Results at                     : 10.00 a.m., 03 March 2010

Days

91

182

273

364

Maturity dates

2010 May 26

2010 Aug 25

2010 Nov 24

2011 Feb 23

Amount Offered

M10.0Million

M10.0Million

M6.0Million

M6.0 Million

Recent Similar Discount Rate

6.6181%

6.8387%

7.6008%

7.6510%

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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