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Sri Lanka’s 06-month, 01-year Treasuries yields rise at auction

ECONOMYNEXT – Yields on Sri Lanka’s six-month and one-year Treasury Bills rose at Wednesday’s auction while the yield on three-month bills remained steady, the debt office of the Central Bank said.

The three-month bill yield remained at 8.60 percent, having stayed unchanged since the action of October 21.

The six-month bill yield rose six basis points to 9.71 percent from 9.65 percent last week while the one-year bill yield rose five basis points to 10.25 percent from 10.20 percent last week.

The debt office got bids worth Rs47 billion and accepted bids of only Rs3 billion.

(COLOMBO, Nov 23, 2016)

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