It raised Rs34.945 billion for 3-month paper at 12.56 per cent and Rs321 million in six month paper at 12.68 per cent.

The central bank has reported that government borrowings in the first two and half months of the current fiscal year stood at Rs162.5 billion, double when compared to Rs73 billion borrowed in the same period last year.

According to the weekly statement of position of all scheduled banks for the week ended September 13, 2008, deposits and other accounts of the scheduled banks stood at Rs3,799.855 billion, higher by Rs30.52 billion over preceding week’s figure of Rs3,769.335 billion.

Compared with last year’s corresponding figure of Rs3,381.122 billion, the current week’s figure is higher by Rs418.733 billion.

During the current week commercial banks deposits showed a rise of Rs30.588 billion over the week to Rs3,787.998 billion, against preceding week’s Rs3,757.410 billion.

Specialised banks deposits stood at Rs11.857 billion, against preceding week’s Rs11.925 billion, a fall of Rs0.068 billion.

Borrowings by all scheduled banks increased during the week over preceding week’s figure.

It rose to Rs416.298 billion over preceding week’s figure of Rs405.632 billion, a rise of Rs10.666 billion.

Compared to last year’s corresponding figure of Rs394.268 billion, current week’s figure is larger by Rs22.03 billion.

Current week’s increase was due to an increase in the borrowings by commercial banks, which rose to Rs335.005 billion against previous week’s Rs324.309 billion, or by Rs10.696 billion.

Borrowings by specialised banks stood at Rs81.293 billion, against preceding week’s figure of Rs81.323 billion, smaller by Rs0.03 billion.

Gross advances stood at Rs2,944.193 billion in the week under review, a rise of Rs28.69 billion over preceding week’s figure of Rs2,915.503 billion.

Compared to last year’s corresponding figure of Rs2,436.339 billion, current week’s figure is larger by Rs507.854 billion.

In the week under review, advances by commercial banks increased to Rs2,844.608 billion against earlier week’s figure of Rs2,816.153 billion, or by Rs28.455 billion.

Advances of specialised banks stood at Rs99.585 billion, larger by Rs0.235 billion over earlier week’s figure of Rs99.350 billion.

Investments of all scheduled banks decreased in the week by Rs15.5 billion to Rs1,015.267 billion against preceding week’s figure of Rs1,030.767 billion.

Compared to last year’s corresponding figure of Rs1,228.552 billion, current week’s figure is smaller by Rs213.285 billion.

In the current week, commercial banks investment fell to Rs1,002.715 billion, from earlier week’s Rs1,016.980 billion, or by Rs14.265 billion.

Specialised banks investment stood at Rs12.552 billion, against preceding week’s Rs13.787 billion, smaller by Rs1.235 billion.

Cash and balances with treasury banks of all scheduled banks increased by Rs7.76 billion during the week to stand at Rs448.142 billion against earlier week’s Rs440.382 billion.

Current week’s figure was higher by Rs110.437 billion compared to last year’s corresponding figure of Rs337.705 billion.

In the current week, the figure for commercial banks stood at Rs445.104 billion against preceding week’s figure of Rs437.424 billion, a rise of Rs7.68 billion, while of specialised banks it stood at Rs3.038 billion over previous week’s Rs2.958 billion.

Total assets of scheduled banks stood at Rs5,101.855 billion, larger by Rs36.805 billion, over preceding week’s figure of Rs5,065.050 billion.

Current week’s figure was higher by Rs517.817 billion compared to last year’s corresponding figure of Rs4,584.038 billion.

Meanwhile, commercial banks assets, in the current week, stood at Rs4,979.546 billion, larger by Rs36.632 billion over previous week’s figure of Rs4,942.914 billion.

Specialised banks assets rose to Rs122.309 billion, or by Rs0.173 billion over previous week’s Rs122.136 billion.