Dhaka, April 21 -- The upward trend of yields on treasury bills (T-bills) continued on Sunday as banks remained reluctant to invest their excess liquidity in the securities.

The cut-off yield, generally known as interest rate, on the 91-day T-bills rose to 11.59 per cent on the day from the previous level of 11.45 per cent, while the yield on the 182-day T-bills reached 11.84 per cent from 11.75 per cent from the earlier level.

However, the yield on the 364-day T-bills rose to 11.92 per cent on the day from 11.86 per cent earlier, according to the auction results.

"Most banks are not interested in investing their funds in the risk-free securities due to the ongoing liquidity pressure on the market," a senior executive at a leading priv...