Security sales
Sales of Government securities by specialised dealers totalled $4.3M in the week to May 22, according to the Reserve Bank. Of the 14 transactions reported during the week. four, totalling $3.6M, involved
treasury bills. The reserve bank's weekly summary of security sales shows a weighted average yield for treasury bill sales of 11.106 per cent. Sales of Government stock totalled S7.OM from 10 transactions.
The ■' weighted average yield for stocks maturing under two years was 12.6 per cent, the ‘summary states. The listed transactions do not include sales and purchase with, the Reserve Bank.
the summary states that for the period between May--18 and 22 $1,250,000 26-week and S3OM 13-week treasury bills were issued. A total of S26M was redeemed.
The total value of treasury bills on issue as at May 22 was $524,325,000 including $97,120,000 held by the Reserve Bank.
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Press, 30 May 1981, Page 19
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143Security sales Press, 30 May 1981, Page 19
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