Thursday, October 11, 2012

Benchmark interest rates down

Benchmark Treasury bill yields eased further at the primary market auction on Wednesday (10).

The three-month bill yield eased 37 basis points from a week earlier to 10.63 percent while the six-month bill saw its yield ease 33 basis points to 11.77 percent. The one year Treasury bill yield fell 19 basis points to 12.29 percent.

The Public Debt Department of the Central Bank sold debt amounting to Rs. 18.9 billion when it offered maturing Treasury bills amounting to Rs. 15 billion at yesterday’s auction. Bids amounted to Rs. 39 billion.

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