Treasury bills auction on April 27

27 Apr, 2004

The State Bank has invited tenders for the auction of Treasury Bills on Tuesday, instead of usual Wednesday.
The pre-auction target for the sale of T-bills has been set at Rs 5 billion.
However, market experts said the market was long with Rs 15 billion to Rs 20 billion as the overnight rate was hovering at lowest level. The overnight was 0.25 percent.

Read Comments