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T Bill rates continue their downward trend for August.
The first August T bills fell from 3.64% to 3.38%. The second batch of August
T Bills continues its downward trend at 3.34%.
Interestingly, the median yield was at 3.2%, and the average yield was at
2.83%. This was lower than the last auction at 3.3% and 2.85%, respectively.
This means investors are already anticipating a lower rate.
With this trend continuing, will 6 month T bills continue to fall?
