Sri Lanka Treasury bill yields up: Central Bank

Feb 18, 2015 (LBO) – Sri Lanka’s Treasury bill yields were up on Wednesday’s auction with the 12-month yield increased to 6.12 percent from 6.10 percent in the last auction, data from the state debt office showed.

6-month yield was also up at 6.03 percent and 2,391 million rupees were accepted from 7,016 million rupees.

The debt office re offered 10,000 million rupees of maturing debt and the auction was oversubscribed with bids amounting to 22,909 million rupees being received. It was decided to accept 8,534 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 5.94 percent and 3,411 million rupees were accepted from 6,111 million rupees.