manusath-derana

Sri Lanka Treasury Bill yields fall across maturities

November, 20, 2019

Sri Lankan Treasury Bill yields fell across the board at Wednesday’s auction with the biggest drop in the 12-month yield which was down by 29 basis point to 8.22%.

The debt office of the Central bank decided to accept Rs.16 billion from the auction of 12-month yield.

The three-month yield was down by nine basis points to 7.47% and six-month yield was down by nine basis points to 7.58%

The auction was oversubscribed with bids amounting to Rs.78,135 million being received. The Central Bank of Sri Lanka decided to accept Rs. 19,000 million from the auction.