Treasury bill yields rose at yesterday’s auction held to reissue Rs.18 billion maturing bills, the Public Debt Department of the Central Bank said.
The three-month T-bill yields rose two basis point to 11.37 percent, while six-month bill yields rose four basis points to 12.91 percent. Twelve-month T-bill yields also rose from three basis points to 13.18 percent.
As to the Debt Department, the auction was oversubscribed with bids amounting to Rs.40.9 billion being received. It was decided to accept Rs.19.1 billion from the auction.