Days

91

182

273

364

Maturity Date

2009 Aug 26

2009 Nov 25

2010 Feb 24

2010 May 26

Amount Offered

M3.3 Million

M3.3 Million

M2.2 Million

M2.2 Million

Total of bids received

M7.56m

M13.15m

M4.4m

M2.29m

Amount Issued

M3.3 Million

M3.3 Million

M2.2 Million

M2.2 Million

Allocation Price

98.105

96.360

93.950

92.080

Equivalent Discount Rate

7.6008%

7.3000%

8.0888%

7.9418%

Equivalent Annual Effective Yield

7.9759%

7.7196%

8.7018%

8.6258%

Allocation at cutoff

100.0%

100.0%

100.0%

100.0%

Range of successful prices

96.680 – 98.105

97.010 – 96.360

94.020 – 93.950

92.280– 92.080

Range of unsuccessful prices

98.105 – 98.010

96.360 – 96.320

93.945 – 93.945

92.080 – 92.080