Sri Lanka’s 01-year Treasury Bill yield up 03bp to 8.36-pct

rupee notes

ECONOMYNEXT – Sri Lanka’s 01-year Treasury Bill yield rose 03 basis points to 8.36 percent at Tuesday’s auction, data from the debt office showed.

The public debt department, a unit of the central bank, sold 12 billion rupees of 01-year bills, having offered 19 billion rupees worth of bills.

It accepted more than what was offered in the shorter tenors.

The 03-month bill yield fell 02 basis points to 7.61 percent while the 06-month bill yield rose 05 bp to 7.75 percent from the last auction they were accepted on 28 August.
(COLOMBO, 10 Sep, 2019)