Rates ease
PA Wellington Interest rates on Treasury bills eased at yesterday’s $3O million tender. The 49-day bills were heavily overbid, with bids totalling $l5B million. All the $3O million bills offered were taken at 15.64 per cent, compared with a weighted average interest rate of 15.743 for 21-day bills at hist week’s tender.
•Tender details: 49-day bills.—Offered $3O million, bid $l5B million, sold $3O million, successful yield 15.64 per cent, weighted average 15.64 per cent, (previous average—ls. 743 per cent).
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Press, 3 September 1986, Page 31
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81Rates ease Press, 3 September 1986, Page 31
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