T-bill yields ease across maturities

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).