Wednesday, 21 December 2016

Sri Lanka Treasuries yields rise across the board at auction

ECONOMYNEXT – Yields on Sri Lanka Treasury Bills rose across the board at Wednesday’s auction with the 03-month bill up five basis points to 8.65 percent from last week, the debt office said in a statement.

The yield on the 01-year bill rose 03 basis points to 10.14 percent while that on the 06-month bill rose 05 basis points to 9.61 percent at auction, it said.

The debt office, a unit of the central bank, for Rs46 billion worth of bids and accepted bids worth only Rs7.6 billion.

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