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T bill yields flat
The Treasury bill yields remained flat at yesterday’s bill auction for the re-issue of Rs.10 billion maturing bills, with the six months and twelve months yields remaining unchanged.
According to the Public Debt Department of Central Bank, the three months T bill yields rose 5 basis points to 11.5 percent while six-months and twelve-months yields remained unchanged at 11.6 percent and 11.32 percent, respectively.
The Debt Department said the auction was oversubscribed with bids amounting to Rs.24 billion being received. It was decided to accept Rs.7.3 billion from the auction.
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