Sri Lanka Treasuries yields flat; 3-month below overnight rate
ECONOMYNEXT – Sri Lanka’s Treasuries yields were flat at Tuesday’s auction with the 12-month yield falling 04 basis points to 9.44 percent, data from the state debt office said.
The 6-month yield was flat at 8.87 percent and the 3-month yield was flat at 8.34 percent.
The debt office offered 2.0 billion rupees of 3-month bills and accepted only 246 million rupees, keeping the 3 month rate below the overnight rate of 8.50 percent.
In 6-month bills 4.0 billion rupees was offered and 3.8 billion rupees was accepted, and in the 12-months, 6.0 billion was offered and 7.9 billion rupees was accepted.
At total of 12.0 billion rupees of bills were offered and a similar volume was sold. (Colombo/June12/2018)