Sri Lanka Treasury bill yields up

Feb 11, 2015 (LBO) – Sri Lanka’s Treasury bill yields moved up on Wednesday’s auction with the 12-month yield increased to 6.10 percent, data from the state debt office showed. 6-month yield was also moved up to 5.98 percent from 5.90 percent in last week and 5,355 million rupees were accepted from 9.430 million rupees.

The debt office offered 12,000 million rupees of maturing debt and the auction was oversubscribed with bids amounting to 32,525 million rupees being received. It was decided to accept 13,744 million rupees from the auction.

The debt office offered 3-month short term bills for the auction at 5.88 percent and 5,130 million rupees were accepted from 8,930 million rupees.