Sri Lanka’s 01-yr Treasury yield eases to 8.99-pct
ECONOMYNEXT – Sri Lanka’s 12-month Treasury bill yield edged down one percentage point to 8.99 percent at Wednesday’s auction, according to data from the state debt office, a unit of the central bank.
The debt office accepted 7.5 billion rupees of 12-month bills, the same amount offered, having received bids worth 25.7 billion rupees.
The 3-month bill yield fell 06 basis points to 8.03 percent, with 5.0 billion rupees of bills, sold, the same amount offered.
Six-month bills were not offered.
(COLOMBO, 29 August, 2018)