Dhaka, March 24 -- The yields on Treasury bills (T-bills) increased further on Sunday as banks showed reluctance to invest their surplus liquidity in the securities ahead of the upcoming Eid festival.

The cut-off yield, commonly referred to as the interest rate, on the 91-day T-bills rose to 10.90 per cent, up from the previous rate of 10.75 per cent.

Meanwhile, the yield on the 182-day T-bills climbed to 11.25 per cent, up from 10.90 per cent at the previous auction.

The yield on the 364-day T-bills also increased, reaching 11.30 per cent on Sunday from 11.09 per cent earlier, according to the auction results.

On the day, the government borrowed Tk 70 billion by issuing three types of T-bills to partly finance its budget deficit.

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