Sri Lanka’s 01-yr Treasury yield rises to 9.05-pct

ECONOMYNEXT – Sri Lanka’s Treasury Bill yields recovered at an auction Wednesday with the 12-month bill yield up 08 percentage points to 9.05 percent, data from the state debt office showed.

The debt office, a unit of the central bank, accepted 12.5 billion rupees of 12-month bills, the same amount offered, having received bids worth 21 billion rupees.

The 3-month bill yield rose 07 basis points to 8.07 percent, with 4.0 billion rupees of bills, sold, the same amount offered.

Six-month bills were not offered.

(COLOMBO, 12 September, 2018)

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