Yields for three month treasuries move up at Wednesdays auction indicating market demand for short-term maturities.
rnrn
rnHowever, the Central Bank said that yields for six and twelve month paper rnremained unchanged.
rnrnResults as follows:
rnrn
| rn rn rn Bids rn Rcvd | rn rn rn rn Amount Accp | rn rn rn Avg. rn Yield % | rn rn rn | rn
rn
| rn rn rn Rs. rn mn | rn rn rn Rs. rn mn | rn rn rn This rn week | rn rn rn Last rn week | rn
rn Three rn months | rn rn rn 8,902 | rn rn rn 3,024 | rn rn rn 7.84 | rn rn rn 7.83 | rn
rn Six rn months | rn rn rn 1,236 | rn rn rn 235 | rn rn rn 7.81 | rn rn rn 7.81 | rn
rn One rn year | rn rn rn 3,076 | rn rn rn 552 | rn rn rn 7.77 | rn rn rn 7.77 | rn
rn Total | rn rn rn 13,214 | rn rn rn 3,811 | rn rn rn | rn rn rn | rn