The government raised ₨688 billion in realised value through the latest auction of market treasury bills (T-bills) on Wednesday, with cut-off yields increasing across all maturities amid expectations of further monetary tightening. The government accepted bids worth ₨702 billion in face value against a target of ₨450 billion. The auction also exceeded the maturity amount of ₨479 billion. Total participation in the auction stood at ₨1.73 trillion. [...]