The six month tenor bills saw the biggest decline of 33 basis points from last week’s rate to come down to 12.57%.
One year rate declined by 28 basis points to stand at 13.02% while the short term three month bills saw the rate declining by 11 basis points to stand at 11.30%.
Central Bank which conducts the weekly auction has received Rs. 36.29 billion worth of bids, while the Bank has only accepted Rs. 11.22 billion to settle Rs. 10 billion worth of maturing treasury bills.