111. Treasury bills, which represent short-term government borrowing, are sold at a discount from maturity value. 112. Tveruniversalbank is the first commercial bank to be forced into central bank administration by the recent decline in yields on treasury bills, known as GKOs, analysts said. 113. While some foreign capital pouring into Poland is investment in Polish treasury bills and stocks, most of it stems from unofficial trade at the Polish-German border. 114. While the Finance and Justice ministries sort out the confusion, the central bank is refusing to issue new treasury bills. 115. Yields on treasury bills continued to fall. 116. Yields on Japanese treasury bills rose. 117. Yields on Turkish treasury bills rose and stocks fell after the Supreme Court voted to annul the vote of confidence that brought the current administration to power. 118. Yields on Russian treasury bills, known as GKOs, were also hit by the Yeltsin health scare. 119. Yields on Mexican short-term treasury bills rose to a two-month high on concern the Mexican currency might weaken against the U.S. dollars before upcoming elections. |