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Tuesday, January 18, 2011 - 08.35 GMT

Bids flow at Treasury bill auction


The weekly Treasury bill auction of the Central Bank was held today (Jan. 18) and it was oversubscribed with bids amounting to Rs. 26,693 million being received.

It was decided to accept Rs. Rs. 11,000 million from the auction, the Central Bank stated.

The 1 year bills went up to 7.09 % from last weeks 7.07 % rate.

The rates of the Government Securities which saw a steady decline in recent times, is once again on an upward trend since recent weeks.





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Last modified: January 18, 2011.

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