$250M bid for T-bills
PA Wellington There were $250 million worth of successful bids in the Reserve Bank’s Treasury bill tender number 214 yesterday. With the seven-day bills, there were a total $5O million worth of successful bids ($5O million offered) for the 29
day maturity bills there were $25 million ($5O million offered) and the 91 day bills, $175 million ($l5O million offered). The weighted average yield of successful bills was 13.828 per cent (seven-day), 13.474% (29-day), and 13,32% (91 day).
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Press, 30 March 1989, Page 21
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82$250M bid for T-bills Press, 30 March 1989, Page 21
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