Sunday Dec 15, 2024
Sunday Dec 15, 2024
Thursday, 28 April 2011 00:07 - - {{hitsCtrl.values.hits}}
Weighted Average Yield (WAY) rate of Treasury Bills rose yesterday reflecting market sentiments on interest rates.
The WAY on 364-day Bills rose to 7.34% at today’s auction from 7.33% at the previous exercise. The WAY of 182-day bill rose from 7.11% to 7.14% and that of 91-day Bill rose from 7.03% to 7.04%. In early April the WAY for 364-dayBill auction was 7.30 , 7.08 for 182-day and 6.98 for 91-day.
The weekly primary auction for the re-issue of Rs. 10,000 million maturing Treasury bills saw bids worth Rs. 19.36 billion received. Central Bank accepted Rs. 10,203 million worth of bids from the auction.
The 182-day Bill auction received the highest bids worth Rs. 7.4 billion, of which Rs. 4.7 billion was accepted followed by Rs. 6.8 billion worth of bids for 364-day Bill auction and Rs. 5 billion for 91-day Bill auction. Around Rs. 2.7 billion worth of bids were accepted each of the latter bids.
T Bill Maturity Yesterday’s Auction End March/early April
91-Day 7.04 6.98
182-Day 7.14 7.08
364-Day 7.34 7.30
