Internal debt is being raised through 91-day Treasury bills, 5 billion through 182-day bills, and 9 billion through 364-day bills.
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The government is going to raise domestic debt worth 19 billion rupees today (Monday) through treasury bills. The Public Debt Management Office has issued a notice stating that it will raise the mentioned amount through 91, 182 and 364-day treasury bills.
The office is going to raise a total of 19 billion rupees of internal debt, including 14 billion old (maturity period completed) and 5 billion new rupees.
The notice states that bidding for treasury bills can be done till 3 pm today. Accordingly, treasury bills will be issued (distributed) on Tuesday. The interest rate of treasury bills is decided through bidding.
The office is going to raise 5 billion rupees through 91-day treasury bills, 5 billion rupees through 182 days and 9 billion rupees through 364 days.
In the latest auction, the weighted average interest rate for 91-day Treasury bills was set at 2.57 percent and 364-day at 2.56 percent. Banks and financial institutions had bid the highest interest rate at 2.75 percent and the lowest at 2.24 percent.
