Dhaka, Nov. 17 -- Yields on treasury bills (T-bills) showed a mixed trend on Sunday as banks chose to invest their excess liquidity in lower-tenure securities rather than higher-tenure ones ahead of the national elections.

The cut-off yield, generally regarded as the interest rate, on the 91-day T-bills fell to 10.07 per cent from 10.09 per cent, while the yield on the 182-day T-bills declined to 10.15 per cent from 10.30 per cent.

In contrast, the yield on the 364-day T-bills increased to 10.10 per cent from 10.04 per cent previously, according to auction data.

"Most banks are not interested in parking their excess funds in long-term T-bills as they are trying to manage liquidity more efficiently ahead of the upcoming national electio...