Sri Lanka Treasuries yields up sharply across maturities

COLOMBO (EconomyNext) – Sri Lanka’s Treasury bill yields again rose sharply across maturities at Wednesday’s auction with the 3-month up 21 basis points to 7.10 percent, data from the debt office showed.

The 6-month yield rose 33 basis points to 7.31 percent and the 12-month yield rose 38 basis points to 7.37 percent, according to the debt office which is a unit of the Central Bank.

The debt office sold 15 billion rupees of 3-month bills, 12.7 billion rupees of 6-month bills and 4.9 billion rupees of 12-month bills.

It said the auction for the re-issue of 20 billion rupees of maturing Treasury bills was oversubscribed with bids received amounting to 90.5 billion of which it accepted 32.6 billion rupees.

Latest Comments

Your email address will not be published. Required fields are marked *