*T-bills auction result* Mar 11, 2020 Govt. held T-bills auction today where the govt. borrowed Rs323bn. Tenor wise amount and cut-off yield is presented below: 03-Month Paper, Rs128.5bn at 12.73% (down 66bps) 06-Month Paper, Rs102.3bn at 12.51% (down 84bps) 12-Month Paper, Rs92.5bn at 12.00% (down 133bps) Regards