Sri Lanka Sees Decline in Treasury Bill Yields as All Offerings Successfully Sold

Sri Lanka Sees Decline in Treasury Bill Yields as All Offerings Successfully Sold

FINANCIAL CHRONICLE – In the latest auction held on Wednesday, yields for short-term Treasury bills in Sri Lanka experienced a decline, while the yields for […] The post Sri Lanka Sees Decline in Treasury Bill Yields as All Offerings Successfully Sold appeared first on FINANCIAL CHRONICLE.

Sri Lanka Treasury bill yields drop, all bills sold

ECONOMYNEXT – Sri Lanka’s Treasury bill yields for the shorter tenors dropped at Wednesday’s auction, while the longer bill held steady, data from the Public Debt Management Office showed, with all offered 70 billion rupees of bills sold. The 3-month bill was down 7 basis points at 10.02, with 35 billion rupees offered and 51.62 billion sold. The 6-month bill down up 11 basis points at 10.19 percent, with 25 billion rupees offered and 8.73 billi…