Last Friday, the Treasury issued Lm20 million in 91-day Treasury Bills maturing on February 21, 2003. The weighted average yield rate is 3.8887% per annum, resulting from a weighted average bid price of Lm99.0398. This rate is lower than that of the previous 91-day issue of November 15, which was 3.9001%.
Total Treasury Bills outstanding as at today are Lm195,760,000.
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