Sri Lanka 01-year Treasury yield rises to 8.85-pct

ECONOMYNEXT – Sri Lanka’s one-year Treasury Bill yield rose 05 basis points to 8.85% at an auction Wednesday, reversing a falling trend in recent weeks, the central bank’s public debt department said.

The yield on the 06-month bill fell 09 basis points to 7.97% from 8.06% at the last auction, while the 03-month bill was not offered, a statement said.

The public debt department got bids worth Rs51 billion and accepted bids of Rs21.5  billion, the exact amount offered.
(COLOMBO, January 17, 2018)

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