182 day and Rs. 4,500 million 364 day maturing Treasury bills was held today. The auction was
oversubscribed with bids amounting to Rs. 75,637 million being received. It was decided to reject all.
What is the Impact?
CBSL reject 75 Bn from Banks. Clear indicator Interest Rates will further down trend.
CFVF & ESL will rocket tomorrow onwards. Will ses the Impact, once news fly to market.
Last edited by EPS on Wed Oct 01, 2014 2:01 pm; edited 2 times in total (Reason for editing : update)