T-bill yields rise across all maturities

The treasury bill yields rose across all maturities at yesterday’s auction, with the three-month yield rising by 75 basis points to 12.10 percent, providing an indication to the direction of the interest rates.

The Public Debt Department of the Central Bank offered 56.5 billion in all bills and raised Rs.54.8 billion in three-month bills. The six-month bill yields rose 93 basis points to 11.98 percent and the Public Debt Department raised Rs.303 million via such bills.

The 12-month bill yields rose 85 basis points to 12 percent and Rs.1.16 billion was raised through such bills.