Dhaka, April 21 -- The upward trend in yields on Treasury bills (T-bills) persisted on Sunday, as banks remained reluctant to invest their surplus liquidity in these short-term government securities.
According to the auction results, the cut-off yield - commonly referred to as the interest rate - on the 91-day T-bills rose to 11.59 per cent, up from 11.45 per cent previously.
The yield on the 182-day T-bills increased to 11.84 per cent from the earlier rate of 11.75 per cent. Meanwhile, the yield on the 364-day T-bills climbed to 11.92 per cent, compared to 11.86 per cent in the preceding auction.
On the same day, the government borrowed Tk 90 billion through the issuance of the three categories of T-bills, in a bid to partly bridge the ...