Yields on bills and bonds are rising. What does it mean for credit flow to private sector?
Interest of government treasury bills and bonds has been rising gradually since March 2022.In December last year, the yield of 364-day treasury bills (T-bills) stood at 11.28 percent, the highest in 11 years, against the backdrop of government's borrowing from the financial market, witnessing tightening liquidity supply. The rising yield of T-bills and bonds, dubbed zero-risk
Source: thedailystar.net