OUR STAFF REPORTER LAHORE The central bank is scheduled to conduct T-bill auction on Wednesday (today) with target borrowing of Rs110 billion against maturities of Rs97 billion. Financial market experts said that liquidity situation in the market has tightened up due to seasonal Eid outflows; however, improvement in remittances flow would help ease off the situation gradually. They said that CPI inflation number for Oct11 clocked in at 11 percnet, beating the consensus forecast. This, coupled with tight liquidity, leads to believe that no major movement in T-bill yields should be expected. In order to gain maximum benefit from current phase of monetary easing, banks have parked about Rs814 billion in 12M paper since Aug11; furthermore, as a result of settlement of investments and advances related to power sector, circular debt investment in the 12M paper has increased to Rs1trn. This makes the experts skeptical about banks investment appetite to continue investing heavily in the same tenor despite expecting further monetary easing of 50bps; therefore, they believe inclination towards 6M tenors will remain high.