Long-term T-bill yields up

1 November 2012 07:08 am Views - 2711

Treasury yields rose across all maturities at yesterday auction with 12-month longterm yields rising most, the Public Debt Department of the Central Bank said.

The three-month yields rose two basis point to 10.68 percent, while six-month bill yields rose seven basis points to 11.97.

The 12-month yields rose eight basis points to 12.56 percent.

The auction was held to issue Rs.8 billion maturing Treasury bills and was oversubscribed with bids amounting to Rs.22.3 billion being received.

It was decided to accept only Rs.9 billion from the auction.

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