Bond market sentiment remains negative ahead of weekly T-Bill auction

Published date09 August 2022
Publication titleDaily Financial Times

The negative sentiment in the secondary bond market persisted at the start of a fresh trading week yesterday as most market participants were seen adopting a wait and see policy ahead of the weekly Treasury bill auction due today.

The weekly Treasury bill auction will be conducted a day prior due to Thursday being a public holiday. A total volume of Rs. 85 billion will be on offer, a reduction of Rs. 2.5 billion over its previous week's total offered volume. This will consist of Rs. 35 billion on the 91 day...

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