The central bank made the purchase of 26-days T-Bills worth Rs 2 billion and 91-days T-Bills worth Rs 2.23 billion.
Similarly, out of Rs 6 billion worth of 182-days T-Bills, the bank has self-purchased Rs 150 worth of T-Bills while it has sold T-Bills worth of Rs 5.85 billion to other BFIs. Moreover, it self-purchased Rs 1.50 billion worth of 364 days T-Bills and has sold T-Bills worth Rs 500 million to other BFIs.
Since the central bank started self-purchase of T-Bills, the interest rate is going down. The rate which once reached nearly 14 percent has come down to 9 percent. The rate maintained at 8.70 percent for 88 days T-Bills, 9.08 percent for 91 days T-Bills, 9.02 percent for 182 days T-Bills and 9.02 per 364 days T-Bills.
NRB started self-purchasing the T-Bills after BFIs bid inflamed interest rate for them.
