Sri Lanka’s 03-month Treasury yield rises to 8.37-pct

ECONOMYNEXT – The Public Debt Department of Sri Lanka’s central bank sold five billion rupees of 03-month Treasury Bills at an auction Wednesday with the yield edging up rose 02 basis points to 8.37 percent from last week.

Data from the state debt office showed it called for offers for three billion rupees in short-term T-bills and got offers of 8.4 billion rupees.

The yield on the 01-year bills was unchanged at 9.43 percent with the Public Debt Department selling almost 8.9 billion worth of bills. It had offered seven billion rupees of 01 year bills and got bids worth 32 billion rupees.

The debt office rejected bids for 06-month bills.

(COLOMBO, July 11, 2018)

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