Sri Lanka Treasuries yields reverse downward trend

ECONOMYNEXT – Sri Lankan Treasury Bills yields reversed a falling trend Wednesday with the one-year bill yield up 16 basis points to 9.54 percent at an auction from 9.38 percent last week, the central bank said.

Its Public Debt Department said in a statement the 06-month bill yield rose 15 basis points to 9.17 percent from 9.02 percent last week.

The 03-month bills were not offered at the auction which drew bids worth Rs40.5 billion of which bids worth Rs17.6 billion were accepted.

(COLOMBO, August 16, 2017)

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