T-bills subscription rebounds as yield for all tenors dips

The Treasury building. FILE PHOTO | NMG

Treasury bills subscription rebounded in the weekly auction to post an overall performance rate of 165.65 per cent, boosted by the uptake of all three tenors.

The 364-day paper was heavily subscribed registering the highest rate of 198.43 per cent, up from 155.07 per cent recorded previous week.

PAYE Tax Calculator

Note: The results are not exact but very close to the actual.