Sri Lanka Sees Increase in Treasury Bill Yields Amid Decline in Sales

According to the Public Debt Management Office, Sri Lanka experienced an increase in Treasury bill yields for all maturities during the auction held on Wednesday. A total of 58.52 billion rupees in bills were successfully sold out of a total offering of 90 billion rupees.

The yield on the 3-month Treasury bill rose by 20 basis points, reaching 8.15 percent, with sales amounting to 32.11 billion rupees from an offered 35 billion rupees.

Similarly, the 6-month bill’s yield increased by 8 basis points to stand at 8.22 percent, with 16.97 billion rupees sold from a total offer of 25 billion rupees.

In addition, the yield for the 12-month bill saw a rise of 7 basis points, reaching 8.52 percent, with 9.43 billion rupees sold out of an offered 30 billion rupees.

All three types of Treasury bills are currently available for purchase.

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