T-bill yields fall across maturities

The three-month T-bill yields fell nine basis points to 9.91 percent, while six-month bill rates also fell 33 basis points to 10.99 percent. The 12-month T-bill rates fell 31 basis points to 11.38 percent. The government sold Rs.2.1 billion in three-month bills, Rs.7.35 billion in six-month bills and Rs.20.7 billion in 12-month bills.

The auction was oversubscribed with bids amounting to Rs.54.1 billion being received, the Public Debt Department of the Central Bank said.