Dhaka, Dec. 15 -- Yields on treasury bills (T-bills), particularly long-term ones, rose on Sunday as banks appeared reluctant to park excess liquidity in government securities ahead of the year-end closing.

The cut-off yield on 91-day T-bills remained unchanged at 10.55 per cent, while the yield on 182-day T-bills rose to 10.57 per cent from 10.21 per cent. Meanwhile, the yield on 364-day T-bills edged up slightly to 10.70 per cent from 10.69 per cent, according to auction results.

The government borrowed Tk 70 billion on the day by issuing the three types of T-bills to partly meet its budget deficit.

"Most banks are reluctant to park excess funds in longer-term T-bills -- particularly the 182-day and 364-day -- ahead of the December 3...