Staff Reporter :
The yields on Treasury bills (T-bills) increased slightly on Sunday, as banks showed reluctance to invest their excess liquidity in short-term securities.
The cut-off yield, commonly referred to as the interest rate, on the 91-day T-bills rose to 10.35 per cent, up from 10.34 per cent at the previous auction.
Meanwhile, the yield on the 182-day T-bills increased to 10.84 per cent, compared to 10.55 per cent previously.
The yield on the 364-day T-bills also rose, reaching 10.79 per cent from 10.73 per cent earlier, according to the auction results.
On that day, the government borrowed Tk 70 billion by issuing three types of T-bills to address its budget deficit.
Currently, four types of T-bills are transacted through auctions to manage government borrowings from the banking system, with maturity periods of 14 days, 91 days, 182 days, and 364 days.
These bills are short-term investment instruments issued through auctions conducted by the central bank on behalf of the government.
Additionally, five government bonds with tenures of two, five, ten, fifteen, and twenty years are also traded in the market.
