Dhaka, June 2 -- The yields on treasury bills (T-bills) increased significantly on Sunday as banks expressed unwillingness to invest their excess liquidity in the securities ahead of the upcoming Eid-ul-Azha.

The cut-off yield, generally known as interest rate, on the 91-day T-bills rose to 12.02 per cent from 11.69 per cent of the previous level while the yield on 182-day T-bills rose to 12.11 per cent from 11.85 per cent.

However, the yield on 364-day T-bills reached 12.00 per cent on the day from 11.75 per cent earlier, according to the auction results.

"Most banks have shown reluctance to invest their excess funds in the government-approved risk-free securities ahead of the Eid," a senior official of the Bangladesh Bank (BB) told T...