Sri Lanka Treasury bill yields down; 6-month yield down 37 bps

Sri Lanka’s Treasury bill yields were down on yesterday’s auction with the 6-month yield dropping 37 basis points to 6.50 percent.

12-month Treasury bill yields were down by one basis point to close at 6.93 percent and the three month bills were not offered for the auction.

The Central Bank offered 15 billion worth of Treasury bills today and the auction was oversubscribed receiving bids amounting to 83.3 billion rupees.