The 182-day treasury T-bills dropped to 17.716% at Thursday’s auction from 18.469% at the previous auction, and the yield for the 357-day T-bills plunged to 17.606% from 18.903% previously. Yields continued to drop on larger inflows into the market from foreign investors, with flows reporting touching the USD1bn mark. We expect volatility to dominate the market for the next few weeks with flows predominantly setting the tone for yields and to a much lesser degree outturns of inflation. (Reuters, Mohamed Abu Basha)
This website uses cookies to make the site work, to understand if the site is working well, how it is being used, to connect to social media sites (such as Facebook and Twitter) and to collect information useful to allow us and our partners to provide you with more relevant ads . Some cookies are essential to make the site work, but you can control how we use non-essential cookies at any time by clicking the “ON/OFF” button next to each category. For more information about the cookies used on this site, see Privacy Policy.
Decide which cookies you want to allow.
Strictly Necessary
These cookies are essential in order to enable you to move around our website and use its features, such as accessing secure areas of our website. Without these cookies, any services on our Site you wish to access cannot be provided.
Analytical/performance cookies
Visitors use our website, for instance which pages you go to most often, and if you get error messages from web pages.