$100M tender
The Reserve Bank will offer $lOO million worth of Treasury bills in its weekly tender today. The bank will offer S2OM worth of each maturity of 14, 28, 56, 63 and 210 days. In addition, it will purchase SBOM of 14 and 28day bills, SIOOM 56-day bills, SSOM 63-day bills and SI9OM of 210-day bills for its own portfolio. Open market operations will be conducted around the daily cash balance target of S3OM.
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Bibliographic details
Press, 12 July 1988, Page 27
Word Count
75$100M tender Press, 12 July 1988, Page 27
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