Friday 18 November 2016

Sri Lanka Treasuries yields rise at auction

ECONOMYNEXT – Yields on 03-month Sri Lankan Treasury Bills held steady at Wednesday’s auction, but those on longer tenors rose, the Central Bank’s debt office said.

It said in a statement that the yield on the 03-month bill remained at 8.60 percent, the same as last week.

The yield on the 06-month bill rose 09 basis points to 9.65 percent, from 9.56 percent last week.

The yield on the one-year t-bill rose 06 basis points to 10.20 percent from 10.14 percent last week.

The debt office received almost Rs42 billion worth of bids, but accepted only Rs1 billion in bids.

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