Sri Lanka 3-month Treasuries yield rises 72bp at auction

ECONOMYNEXT – Sri Lanka’ 3-month Treasury bill yields rose 72 basis points to 9.28 percent at Wednesday’s auction after a sharp 49 basis point rise at the last auction, data from the state debt office showed.

The 12-month yield rose 68 basis points to 10.19 percent, after rising 46 basis points to 9.51 percent at the last sale.

Six month bills were not offered.

The debt office, which is a unit of the central bank, offered and accepted 4.0 billion rupees of 3-month bills after getting bids of 6.5 billion rupees.

It offered and accepted 07 billion rupees of 01-year bills after getting bids of 10.8 billion rupees.

(COLOMBO, 10 Octber, 2018)

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