Sri Lanka Treasury bill yields dropped: Central Bank

Apr 28, 2015 (LBO) – Sri Lanka’s Treasury bill yields were down on Tuesday’s auction with the 12-month yield dropped 11 basis points to 6.39 percent, data from the state debt office showed.

It was decided to accept 5,715 million rupees from the auction of 12 month yield.
6-month yield was also down from three basis points to 6.32 percent and 10,610 million rupees were accepted from 23,100 million rupees.

The debt office offered 21,000 million rupees of maturing debt and the auction was oversubscribed with bids amounting to 70,516 million rupees being received. It was decided to accept 25,416 million rupees from the auction.

The debt office offered 3-month short term bills for the auction at 6.15 percent and 9,085 million rupees were accepted from 24,341 million rupees.