T-Bill rates remain unchanged at weekly auction

@ Auction undersubscribed for second straight week @ Secondary Bond market remains quiet @ Rupee appreciates slightly

- By WEALTH TRusT SECURITIES

AT yesterday’s weekly Treasury Bill auction, only 67.10% of the total offered amount was raised, with successful bids amounting to Rs. 49.67 billion against the Rs. 74 billion on offer in the first phase of competitive bidding. This marked the second consecutive auction that fell short of fully raising the targeted amount.

Weighted average yields remained unchanged across all maturities, with the 91-day, 182-day, and 364-day bills holding steady at 7.58%, 7.89%, and 8.03%, respectively. This broke a four-week trend during which at least one tenor had recorded a decline in yields at auction.