ECONOMYNEXT – Sri Lankan Treasuries yields rose across the board at Wednesday's auction, with the state debt office accepting five billion rupees worth of bids.
The 3-month yield rose 8 basis points to 6.36 percent, and the 6-month and 12-month yields rose 9 basis points each to 6.66 percent and 6.72 percent.
The central bank offered 16 billion rupees worth of Treasury bills and the auction was oversubscribed by 2.0 times with bids received amounting to 31 billion rupees.
The 3-month yield rose 8 basis points to 6.36 percent, and the 6-month and 12-month yields rose 9 basis points each to 6.66 percent and 6.72 percent.
The central bank offered 16 billion rupees worth of Treasury bills and the auction was oversubscribed by 2.0 times with bids received amounting to 31 billion rupees.
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