Sri Lanka Treasuries yields rise at auction

ECONOMYNEXT – Yields on 03-month Sri Lankan Treasury Bills held steady at Wednesday’s auction, but those on longer tenors rose, the Central Bank’s debt office said.

It said in a statement that the yield on the 03-month bill remained at 8.60 percent, the same as last week.

The yield on the 06-month bill rose 09 basis points to 9.65 percent, from 9.56 percent last week.

The yield on the one-year t-bill rose 06 basis points to 10.20 percent from 10.14 percent last week.

The debt office received almost Rs42 billion worth of bids, but accepted only Rs1 billion in bids.
(COLOMBO, Nov 16, 2016)

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