Thursday 24 November 2016

Sri Lanka’s 06-month, 01-year Treasuries yields rise at auction

ECONOMYNEXT – Yields on Sri Lanka’s six-month and one-year Treasury Bills rose at Wednesday’s auction while the yield on three-month bills remained steady, the debt office of the Central Bank said.

The three-month bill yield remained at 8.60 percent, having stayed unchanged since the action of October 21.

The six-month bill yield rose six basis points to 9.71 percent from 9.65 percent last week while the one-year bill yield rose five basis points to 10.25 percent from 10.20 percent last week.

The debt office got bids worth Rs47 billion and accepted bids of only Rs3 billion.

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