Dhaka, Feb. 2 -- The yields on treasury bills (T-bills) rose on Sunday following the implementation of new primary dealer (PD) guidelines aimed at injecting greater dynamism into both the primary and secondary markets.

The cut-off yield, generally regarded as the interest rate, on the 91-day T-bills increased to 10.40 per cent from 10.05 per cent, while the yield on the 182-day T-bills rose to 10.34 per cent from 10.23 per cent previously.

The yield on the 364-day T-bills also edged up to 10.49 per cent from 10.34 per cent earlier, according to the auction results.

On the day, the government raised Tk 75 billion by issuing three types of T-bills to partially finance its budget deficit.

"Under the new PD guidelines, only PD banks are a...