Sri Lanka’s Treasury Bill yields showed a downward trend at the weekly primary auction today with the three month yield down by two basis points to 6.69, six month yield down by three basis points to 6.85 and the one year yield down one basis point to 7.06.

The auction was oversubscribed with bids amounting to Rs. 36,082 million being received. The Central Bank of Sri Lanka decided to accept Rs. 18,252 million from the auction.