Increasing Liquidity and Declining Interest Rates

The government is set to sell treasury bills worth Rs. 28.10 billion next Tuesday. With liquidity increasing and interest rates falling, the government is prioritizing internal debt operations by issuing three types of treasury bills. According to the Public Debt Management Office, bills will be issued for 91 days, 182 days, and 364 days. Of these, Rs. 13 billion will be renewed for 182 days, and Rs. 2 billion will be renewed for 364 days. For 91 days, Rs. 8.10 billion of old bills will be renewed and an additional Rs. 5 billion of new bills will be issued. Applications can be submitted by Monday.