ECONOMYNEXT - Sri Lanka's Treasuries yields were flat at Wednesday's auction with the 3-month bill barely rising 02 basis points to 9.01 percent, data from the state debt office showed.
The debt office offered 25.5 billion rupees of bills and sold 28.19 billion rupees of bills, indicating that yields would have fallen it more had not been accepted.
The estimated maturing bill volume was around 26 billion rupees.
About 35 percent of the outstanding 737 billion rupees of bills are now held by the central bank.
The monetary authority rejected real bids and repaid them with printed money to inject rupee reserves in to the banking system, drive credit and imports to unsustainable levels and generate a balance of payments crisis, rupee collapse and high inflation.
The debt office offered 25.5 billion rupees of bills and sold 28.19 billion rupees of bills, indicating that yields would have fallen it more had not been accepted.
The estimated maturing bill volume was around 26 billion rupees.
About 35 percent of the outstanding 737 billion rupees of bills are now held by the central bank.
The monetary authority rejected real bids and repaid them with printed money to inject rupee reserves in to the banking system, drive credit and imports to unsustainable levels and generate a balance of payments crisis, rupee collapse and high inflation.
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