Sri Lanka 3-month Treasuries yield up 20bp at auction
ECONOMYNEXT – Sri Lanka’s three-month Treasury bill yields rose 20 basis points to 9.48 percent at Wednesday’s auction after sharp hikes in recent auctions, data from the state debt office showed.
The 12-month bill yield rose 25 basis points to 10.44 percent, after having risen 68 basis points at the last sale.
The yield on six month bills shot up 1.15 percentage points to 9.75 percent from the 21 August auction when it was last offered.
The debt office, which is a unit of the central bank, offered a total of 8.0 billion rupees in bills in all three tenors and accepted bids of 7.9 billion rupees.
(COLOMBO, 17 Octber, 2018)