Last Friday the Treasury issued Lm7 million in 91-day Treasury Bills maturing on July 23. The weighted average yield rate was 2.9019% per annum, resulting from a weighted average bid price of Lm99.2817 per Lm100 nominal. This rate is lower than that of the previous 91-day issue of April 16, which was 2.9154%.
Total Treasury Bills outstanding are Lm273 million.
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