Sri Lanka 01-yr Treasury yield flat at 8.41-pct

rupee Sri Lanka

ECONOMYNEXT – Sri Lanka’s 01-year Treasury Bill yield remained unchanged at 8.41 percent at Wednesday’s auction while shorter tenor bills fell slightly, data from the debt office showed.

The 03-month bill yield fell 02 basis points to 7.60 percent and the 06-month bill yield also fell 02 bp to 7.73 percent.

The debt office, a unit of the central bank, accepted a total of 12 billion rupees of bill across all tenors, the exact amount offered.

It accepted 5.5 billion rupees in 01-year bills, having offered 8.5 billion rupees worth and accepted more of the shorter tenors.

(COLOMBO, 02 October 2019)

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