Days

91

182

273

364

Maturity Date

2011 Feb 22

2012 May 23

2012 Aug 22

2012 Nov 21

Amount Offered

M8.0Million

M8.0 Million

M6.0 Million

M6.0 Million

Total of bids received

M19.1 Million

M20.6.0Million

M15.0 Million

M19.1Million

Amount Issued

M8.0Million

M8.0 Million

M6.0 Million

M6.0 Million

Allocation Price

98.685

97.355

95.765

94.175

Equivalent Discount Rate

5.280%

5.306%

5.660%

5.839%

Equivalent Yield to maturity

5.3500%

5.4500%

5.9100%

6.2000%

Allocation at cutoff

100.0%

100.0%

100.0%

100.0%

Range of successful yield

5.3000 - 5.3500%

5.5000%– 5.4500%

5.7000% - 5.9100%

6.1500% - 5.2000%