Sri Lanka rejects bids for 03-month Treasury Bills

ECONOMYNEXT – Sri Lanka’s central bank rejected bids for 03-month Treasury Bills at Wednesday’s auction.

The yield on the one-year bill edged up one basis point to 10.11 percent at the auction while that on the 06-month bill remained unchanged at 9.56 percent, a statement said.

The debt office of the central bank got bids worth Rs41 billion and accepted only bids worth Rs6 billion.
(COLOMBO, Dec 14, 2016)

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