T-Bill rates hold broadly steady as weekly auction undersubscribed

Secondary Bond market yields edge up marginally Rs. 80 b T-Bond auction in focus

- BY WEALTH TRUST SECURITIES

THE weighted average rates at the weekly Treasury Bill auction conducted yesterday remained broadly steady, with the yields on the 91-day and the 364-day tenors remaining unchanged at 7.52% and 8.04% respectively.

However, the 182-day tenor registered a marginal increase of 01 basis point to 7.91%. This marks the 17th week where T-Bill rates have stayed broadly anchored around prevailing levels.

However, the auction was undersubscribed, raising only 56.25% or Rs 43.31 billion out of the Rs 77.00 billion offered. This marks the second consecutive auction to undersubscribed. The bids received to offered amount ratio stood at 1.44 times.

The Phase II of subscription is now open across all three ISINs until 3.00 pm of business day prior to settlement date (i.e., 13.11.2025) at the WAYRs determined for the said ISINs at the auction. Given in the table are the details of the auction Phase 1.

Meanwhile, the secondary Bond market yesterday saw yields edge up marginally. Activity and transaction volumes were initially seen at healthy levels before tapering off to a virtual standstill as market participants adopted a wait-and-see stance ahead of the upcoming Treasury Bond Auction.