CBSL accepts highest amount of bids in a T-bill auction in 5 months

Oct 21, 2015 (LBO) – Sri Lanka’s Treasury bill yields were up with highest amount of bids in a Treasury bill auction in over five months at Wednesday’s auction, data from the state debt office showed. The 3-month yield was down 6.71 percent with bids amounting to 28.8 billion rupees being received and it was decided to accept 9.8 billion rupees from the auction. The 06 month yield was also down at 7.03 percent with bids amounting to 30.5 billion rupees being received and accepting only 18.2 billion rupees. The 12-month yield was flat at 7.18 percent with bids amounting to 19.4 billion rupees being received and accepting 5.2 billion rupees. The Central Bank received 78.8 billion rupees of bids after offering 25 billion rupees for the auction. The regulator accepted bills worth 33.3 billion rupees.