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Sri Lanka Treasury bill yields dropped: Central Bank

Treasury-Bills_lbo

May 27, 2015 (LBO) - Sri Lanka’s Treasury bill yields were down at Wednesday’s auction with 3-months yield dropping 01 basis points to 6.
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07 percent and 6-month yields also dropping 01 basis points, to 6.
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18 percent, data from the state debt office showed.

It was decided to accept 10,102 million rupees from the auction of 03 month yields from received 19,049 million rupees worth bills.
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Treasury bills of 21,000 million were issued through the auction held today. 6-month bills closed at 6.18 percent and it was decided to accept 13,468 million rupees.
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12-month closed at 6.29 percent and 4,332 million rupees were accepted from the auction.
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The auction was oversubscribed with bids amounting to 57,518 million rupees being received.
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It was decided to accept 27,902 million rupees from the auction.
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