Sri Lanka Treasuries yields spike across maturities
ECONOMYNEXT – Sri Lanka’s Treasuries yields rose across maturities at Wednesday’s auction with the 12-month bill yield up 34 basis points to 9.28 percent, the state debt office said.
The 6-month bill yield rose 30 basis points to 8.29 percent while the 3-month bill yield rose 27 basis points to 8.02 percent from the last auction, a statement said.
The debt office accepted Rs28.5 billion worth of bids, the same amount offered, after getting total bids worth Rs51.7 billion
It sold Rs10 billion rupees of 3-month bills, having offered Rs4 billion and getting bids worth Rs13 billion while accepting lower amounts than offered in the other tenors.
(COLOMBO, February 14, 2018)