The government sold T-bills worth 321 billion in the auction.
In the announcement issued by the State Bank, the details of the auction of T-bills have been informed. According to the central bank, the government sold 3-month bills worth 52 billion rupees and the cut-off yield of 3-month bills decreased by 1.48 percent to 17.49 percent.
The State Bank says that the government sold 6-month bills worth Rs 144 billion and the cut-off yield of 6-month bills decreased by 1.01 percent to 17.74 percent.
Apart from this, the government has also sold 12-month bills worth Rs 125 billion, while the cut-off yield of 12-month bills decreased by 74 basis points to 16.99 percent.