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T-bill yields ease across maturities

27 Jul 2023 - {{hitsCtrl.values.hits}}      

The yields at yesterday’s Treasury bill auction eased across maturities and the Public Debt Department (PDD) of the Central Bank raised over Rs.155 billion, selling bills.
The three-month bill yields fell three basis points from the previous auction to 19.96 percent while the six-month yields eased eight basis points to 17.69 percent. The one-year bill yields fell six basis points to 14.29 percent.


The PDD offered Rs.170 billion in bills—Rs.70 billion in three-month bills, Rs.55 billion in six-month bills and Rs.45 billion in one-year bills and accepted only Rs.155.3 billion—Rs.97.2 billion in three-month bills, Rs.34.1 billion in six-month bills and Rs.23.9 billion in one-year bills.
Phase II of the bill auction is now open until 4:00 p.m. of business day prior to settlement date (today).