Sri Lanka 01-year Treasuries yield drops to 9.65-pct
ECONOMYNEXT – Sri Lanka’s one-year Treasury Bill yield fell further at an auction Wednesday, falling by 06 basis points to 9.65% from 9.71% last week, data from the state debt office showed.
The debt office accepted 24 billion rupees in bids from the market, after offering only 18 billion rupees of bills and getting bids worth 62 billion rupees.
Bids for 6 billion rupees of 6-month bills were rejected but the debt office accepted 4.0 billion rupees in 3-momth bills, the same amount offered, with its yield dropping 2 basis points to 8.15%.
(COLOMBO, April 18, 2018)