Treasury Bill rates remained flat at Wednesdays auction due to excess liquidity in the money market and a steady outlook for short-term interest rates.
The Central Bank offered and accepted bids for Rs.
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8,238 mn, though the auction was oversubscribed with Rs.
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16,808 mn worth of offers.rn
rnTreasury rates for three, six, and one-year remained flat at 7.79 percent, 7.76 percent and 7.71 percent respectively.rn
rnThe Bank retired Rs. 2 bn worth of maturing bills.rn
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-LBO Newsdesk: LBOEmail@vanguardlanka.comrn
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