Rate of return edges decline in PIB auction.

The rate of return for commercial banks on Wednesday dipped slightly in the range of one to three basis points on long-term financing for three to 10 years for the government, but the rates remained largely around the recent three-year highs. The government raised Rs155 billion at interest rates in the range of 13.15-13.97 percent, which were close to the three-year highs recorded in August...