Sri Lanka Treasuries yields fall sharply

ECONOMYNEXT – Sri Lankan Treasury Bill yields fell sharply at Wednesday’s auction with the 03-month bill down 16 basis points to 8.55 percent from 8.71 percent last week, data from the debt office showed.

The yield on the 06-month bill fell 30 basis points to 9.39 percent from 9.69 percent last week, the debt office, a unit of the central bank, said.

The yield on one-year bills fell 27 basis points to 10.11 percent from 10.38 percent last week.

The debt office got bids worth Rs85 billion and accepted bods of Rs21 billion.
(COLOMBO, Sept 28, 2016)

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