Sri Lanka 01-yr Treasury Bill yield up 05bp to 8.41-pct

ECONOMYNEXT – Sri Lanka’s 01-year Treasury Bill yield rose five basis points to 8.41 percent at Wednesday’s auction with bids for shorter term maturities being rejected, data from the state debt office showed.

The debt office sold 8.5 billion rupees in 12-month bills, having offered 5.5 billion rupees worth of bills.

It rejected bids for the 03-month and 06-month bills.

(COLOMBO, 18 Sep, 2019)

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