Sri Lanka’s Treasury bill yields experienced a decline across various maturities at the auction held on Tuesday, according to data from the Public Debt Management Office. Despite offering 120 billion rupees, only 89.81 billion rupees were sold.

The yield for the 3-month Treasury bill decreased by 4 basis points, settling at 7.80 percent. Of the 30 billion rupees offered, 15.12 billion rupees worth of bills were sold.

The 6-month Treasury bill saw a reduction of 9 basis points, bringing the yield down to 8.17 percent. In this category, all 55 billion rupees of the offered bills were successfully sold.

Meanwhile, the 12-month yield dropped by 3 basis points to 8.33 percent, with 35 billion rupees offered and 19.68 billion rupees worth of bills sold.

All three types of Treasury bills remain available for purchase on tap.