Sri Lanka’s weekly treasury bill auction, which was held today saw steep declines in both the six month and the year bill rates, while the Central Bank, which conducts the auction did not accept the bids received for the three month bills.
Accordingly, the six month rates saw the biggest week on week decline of 49 basis points to stand at 9.11-pct from last weeks rate of 9.60-pct stood last week.
The one year rates declined by 47 basis points to fall back to 10.02-pct from last weeks rate of 10.49-pct.
Central Bank has accepted Rs. 7.87 billion out of 35.5 billion received for the auction.
The auction was held to sell bills to settle Rs. 7.87 billion of maturing treasury bills.
Sri Lanka Treasuries yields drop
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Oleh
Lanka Stocks
