ECONOMYNEXT – Sri Lanka’s Treasuries yields rose across maturities at Wednesday’s auction with the 12-month yield up 04 basis points to 8.94 percent, the state debt office said.
The 6-month yield also rose 4 basis points to 7.99 percent. The 3-month yield at 7.75 percent was up from 7.69 percent on 20 December, 2017 when it was last auctioned.
The debt office sold 3.5 billion rupees of 3-month bills, 5.7 billion rupees of 6-month bills, lower than the offered 10 billion rupees and 18.7 billion rupees of 12-month bills, higher than the offered 14.5 billion rupees, misleading the market.
However the total raised was 28 billion rupees. (Colombo/Feb08/2018)