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DateLine Wednesday, 23 January 2008

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Investors keen on quick liquidity

The yield rate of 91 day Treasury -bills had come down by 205 basic points (bps) while yield rates of 182 days and 364 days T-bills had come down by 70bps and 51 bps respectively.

The first Treasury bill auction held on January 2 to the third Treasury Bill auction held on January 16. The demand for short term treasury bills maturities are increasing in the country as many investors are keen on getting quick liquidity with the current economic conditions.

The weekly primary auction for the week ending 18-01-2008 for the re-issue of Rs. 9,750 million maturing Treasury bills was held recently.

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