Home
About
Contact
Register
Login
Generate
WhatsApp Message
*Latest Auctioned Treasury Bills Undersubscribed - Report* *Follow Pindula on WhatsApp for daily new updates* https://whatsapp.com/channel/0029Va84dngJP21B2nWeyM3v?wh Treasury bills auctioned last week were met with a low appetite for a long term investment as they were undersubscribed the Newsday reports. Treasury last week announced in a statement that they were floating 300 Million worth of treasury bills and invited stakeholders to invest in the Treasury Bills. According to the publication the govt managed to raised $81 million from the auction, $219 million short of their target: ---------- itel A70 256GB $99USD WhatsApp: https://wa.me/263715068543 Calls: 0772464000 ---------- > In its recent publication, the central bank said it received total bids amounting to $81 million; a figure far below the sum government was hunting for. 2 months ago the govt floated another batch of treasury bill and managed to raise $192 Million. Floating Treasury Bills is a way of raising funds for government activities. More: NewsDay _If you found this article useful_ *Please support Pindula by forwarding to friends and groups*
Copy to clipboard
Feedback