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Treasury bill yields rise as govt ramps up bank borrowing

by fstcap

Treasury bill yields rose over the past week as increased government borrowing from banks, driven by mounting funding needs and weak revenue collection, put upward pressure on short-term interest rates.

According to data from the latest auction held today (12 April), yields on 91-day, 182-day and 364-day treasury bills increased by 31 to 33 basis points compared with the previous week. The yield on 91-day bills climbed to 10.16%, while 182-day bills rose to 10.33% and 364-day bills reached 10.39%.

https://www.tbsnews.net/economy/treasury-bill-yields-rise-govt-ramps-bank-borrowing-1409996

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