Mar 03, 2015 (LBO) – Sri Lanka’s Treasury bill yields were up on Tuesdayâ€™s auction with the 12-month yield increased to 6.99 percent from 6.13 percent in the last auction, data from the state debt office showed. 6-month yield was also up at 6.98 percent and 1,230 million rupees were accepted from 9,190 million rupees.
The debt office re offered 15,000 million rupees of maturing debt and the auction was oversubscribed with bids amounting to 41,629 million rupees being received. It was decided to accept 16,539 million rupees from the auction.
The debt office also offered 3-month short term bills for the auction at 6.89 percent and 7,622 million rupees were accepted from 22,444 million rupees.