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S.Africa auctions 450 mln rand R203 govt bonds UPDATED 03 Jun 2008 | 9:18

JOHANNESBURG (Reuters) - South Africa's Treasury said on Tuesday it had allocated 450 million rand worth of the R203 government bond due in 2017 at a clearing yield of 10.11 percent at its weekly debt auction. Bids for the bond totalled 1.430 billion rand, resulting in a bid-to-cover ratio of 3.178.

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