Days

91

182

273

364

Maturity Date

2009 Sep 30

2009 Dec 30

2010 Mar 31

2010 Jun 30

Amount Offered

M10.5 Million

M 10.5 Million

M 7.0 Million

M 7.0 Million

Total of bids received

M 31.0 Million

M 20.8 Million

M 15.2 Million

M 14.0 Million

Amount Issued

M10.5 Million

M 1.05 Million

M 7.0 Million

M 7.0 Million

Allocation Price

98.305

96.425

94.015

92.155

Equivalent Discount Rate

6.7986%

7.1696%

8.0019%

7.8666%

Equivalent Annual Effective Yield

7.0975%

7.5741%

8.6014%

8.5372%

Allocation at cutoff

100.0%

100.0%

100.0%

100.0%

Range of successful prices

98.325 – 98.305

96.440 – 96.425

94.390 – 94.015

92.175– 92.155

Range of unsuccessful prices

98.305 – 98.255

96.425 – 96.420

93.015 – 93.990

92.155 – 92.105