Sri Lanka Treasury bill yields flat: Central Bank

Feb 02, 2015 (LBO) – Sri Lanka’s Treasury bill yields were flat on Monday’s auction with the 12-month yield unchanged at 6.05 percent, data from the state debt office showed. 6-month yield was also frozen at 5.90 percent and 1,325 million rupees were accepted from 5,660 million rupees.

The debt office offered 12,000 million rupees of maturing debt and the auction was oversubscribed with bids amounting to 31,749 million rupees being received. It was decided to accept 9,869 million rupees from the auction.

The debt office which is part of the island’s central bank offered 3-month short term bills for the auction at 5.82 percent and 5,103 million rupees were accepted from 12,028 million rupees.