Sri Lanka 01-yr Treasury Bill yield rises to 9.65-pct
ECONOMYNEXT – The yield on Sri Lanka’s 01-year Treasury Bills went up 04 basis points to 9.65 percent at Wednesday’s auction from 9.61 percent at the last auction, according to data from the public debt department of the Central Bank.
The yield on 03-month bills, offered after a gap of two weeks, edged up one basis point to 8.11 percent at the auction.
The central bank rejected bids for 06-month bills.
The public debt department accepted only Rs1.6 billion in 03-month bills despite offering Rs6 billion and getting bids of Rs9.8 billion.
But it accepted Rs21 billion in 01-year bills, more than the Rs16 billion offered, after getting bids of Rs42 billion.
(COLOMBO, May 09, 2018)