The central bank rejected the 182 day and 364 day treasury bills and only accepted 91-day bill to stabilize the economy. The monetary policy decision will be announced on 5th June 2026. The Central Bank has sold 91-day treasury bills at 5.56% and if the yield is too high, they reject it and this shift is seen to lower the interest rates.
This is the second time the central bank cancelled treasury bill sales and in one year, the yields have risen by 40 basis points as the rupee is fallen. SBI Chairman said this would support growth as in the last four years, the market is declined.
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