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 Government Treasury Bills - Results Auction 173

Results of Government of Lesotho Treasury Bill Tender - Auction 173

Auction Date                                                              :  27 January 2010

Settlement Date                                                        :  27 January 2010

Days

91

182

273

364

Maturity Date

2010 Apr 28

2010 Jul 28

2010 Oct 27

2011 Jan 26

Amount Offered

M11.0Million

M11.0Million

M 8.0 Million

M 8.0 Million

Total of bids received

M 35.7Million

M 37.5 Million

M 21.7 Million

M 21.3 Million

Amount Issued

M11.0Million

M11.0Million

M 8.0 Million

M 8.0 Million

Allocation Price

98.340

96.560

94.285

92.330

Equivalent Discount Rate

6.6582%

6.8989%

7.6409%

7.6911%

Equivalent Annual Effective Yield

6.9447%

7.2727%

8.1858%

8.3309%

Allocation at cutoff

100.0%

100.0%

100.0%

100.0%

Range of successful prices

 

98.390 – 98.340

 

96.860 – 96.560

 

94.800 – 94.285

 

92.330 – 92.330

Range of unsuccessful prices

 

98.340– 98.335

 

96.560 – 94.915

 

94.285 – 94.270

 

92.330 – 92.310

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