Friday, 10 August 2018

Sri Lankan Treasuries yields fall across maturities

ECONOMYNEXT – Sri Lankan Treasury Bill yields fell further at an auction Wednesday with the 01-year bill yield falling 07 basis points to 9.16 percent from last week, data from the Public Debt Department of the central bank showed.

It raised 12.9 billion rupees from 01-year bills, slightly more than what was offered, after getting bids worth almost 63 billion rupees.

The 03-month bill yield fell 01 basis point to 8.16 percent while the 06-month bill yield fell 04 basis points to 8.70 percent from the auction of 24 July when bids for that tenor were last accepted.

The debt office raised 20.5 billion rupees from all tenors, the same amount offered, having got bids worth 82.8 billion rupees.

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