In its latest move to manage the country's fiscal landscape, the Central Bank conducted a successful Treasury Bills auction this week, offering a total of Rs. 130 billion across three different maturities.
The auction drew significant market participation, with the entire sum being successfully raised.
Investors witnessed notable declines in the yields for the three-month, six-month, and one-year Treasury Bills, settling at 13.35 percent (-56bps), 13.41 percent (-42bps), and 12.78 percent (-14bps), respectively. This development reflects the prevailing market dynamics and the Central Bank's strategic approach to monetary policy.
Breaking down the allocation, the Central Bank offered Rs. 30 billion under the three-month bill, Rs. 70 billion under the six-month bills, and Rs. 30 billion under the one-year bills. Investors responded positively, with acceptances reaching Rs. 37.70 billion, Rs. 87.64 billion, and Rs. 4,651 million for the respective maturities.