Govt raises Rs835 billion through T-bills auction D_Trends
The government raised Rs835 billion through the treasury bills (T-bills) auction on Wednesday, surpassing its target of Rs700 billion. The auction witnessed strong demand, particularly for 12-month tenor bills, as market participants anticipated an upcoming interest rate cut. Despite the market’s anticipation of a rate cut, the cut-off yields for T-bills remained unchanged at 17.47% … Read more