Sri Lanka 12-month Treasuries yield edges up to 9.69-pct
ECONOMYNEXT – The yield on Sri Lanka’s 12-month Treasury Bills edged back up 03 basis points to 9.69% at an auction Tuesday where bids for other tenors were rejected, the central bank’s public debt department said.
The central bank collected its total requiremnt of Rs25.5 billion rupees from the sale of 12-month Treasury Bills at the auction, the total for all tenors offered, although it offered only Rs13.5 billion worth of 12-month bills and got bids worth Rs35.4 billion.
Bids for 03-month and 06-month bills were rejected although Rs6 billion in each tenor were offered, generating bids of Rs12.5 billion and Rs9.3 billion.
(COLOMBO, March 27, 2018)