ECONOMYNEXT – Sri Lanka’s benchmark Treasury bill yields fell across all three maturities at Tuesday’s auction with the 12-month bill dropping 8 basis points to 9.91 percent, data from the state debt office showed.
The three-month Treasury bill yield fell 9 basis points from a week earlier to 9 percent, while the six-month yield was down 10 basis points to 9.29 percent.
The debt office of the Central Bank had sold Treasury bills worth 24 billion rupees at Tuesday’s auction, the exact amount it had offered.
Bids amounted to 75.9 billion rupees.
Bids for the three-month bill totaled 9.4 billion rupees of which 4 billion rupees were accepted.
Six-month bills attracted bids amounting to 11.6 billion rupees with 5 billion rupees sold.
Twelve-month bills for 15 billion rupees were sold with bids received amounting to 54.9 billion rupees. (COLOMBO, 16 April 2019)