Dhaka, Feb. 16 -- Yields on treasury bills (T-bills) declined further on Sunday as banks channelled surplus liquidity into risk-free government securities, reflecting subdued private sector credit demand.

The downward movement in yields comes amid improved liquidity conditions, supported by strong remittance inflows and central bank dollar purchases, which have reduced pressure on the money market.

The cut-off yield, commonly known as the interest rate, on 91-day T-bills fell to 10.11 per cent on Sunday, down from 10.24 per cent previously. The yield on 182-day T-bills declined to 10.22 per cent from 10.28 per cent.

Meanwhile, the yield on 364-day T-bills dropped to 10.23 per cent from 10.34 per cent earlier, according to auction resul...