Wednesday, 25 April 2018

Sri Lanka 01-year Treasuries yield falls to 9.59-pct

ECONOMYNEXT – Sri Lankan Treasury Bill yields fell again at an auction Wednesday with the one-year Treasury Bill yield down 06 basis points to 9.59% from 9.65% last week, data from the state debt office showed.

The debt office accepted 25 billion rupees in bids from the market for the one-year bills, after offering only 20 billion rupees of bills and getting bids worth almost 70 billion rupees.

Bids for 5.0 billion rupees of 6-month bills were rejected but the debt office accepted 3.0 billion rupees in 3-month bills, the same amount offered, with its yield dropping 05 basis points to 8.10%.

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