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T-bill yields up 20 bps
Treasury bill yields rose across all maturities by 20 basis points at today’s auction held for the re-issue of Rs.12 billion maturing bills, according to the Public Debt Department of the Central Bank.
The three-month Treasury bill yields rose 20 basis points to 11.93 while the six-month and twelve-month T-bill yields also rose 20 basis points to 12.05 and 12.16 percent consecutively.
The auction was oversubscribed with bids amounting to Rs.31.7 billion being received, the Public Debt Department said. It was decided to accept Rs.8.6 billion from the auction.
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