Mon, 06 Dec 2021 Today's Paper

T-bill yields flat, 3-month bids rejected

22 August 2013 03:12 am - 0     - {{hitsCtrl.values.hits}}

A A A

Sri Lanka’s Treasury yields edged down at yesterday’s Treasury bill auction with bids for 3-month bills were rejected, a press statement issued by the Public Debt Department of the Central Bank showed.

The 6-month bill yields came down 1 basis point to 9.65 percent with 12-month bill yields also falling 1 basis point to 10.55 percent.

The government sold Rs.750 million in 6-month bills and Rs.8.18 billion in 12-month bills.

Bids received worth of Rs.1.58 billion for 3-month bills were rejected.

The auction was held to re-issue Rs.6 billion maturing bills. The Central Bank last Friday kept the policy rates unchanged— repurchase rate and the reverse repurchase at 7 percent and 9 percent, However the bank noted that there is more space for market lending rates to decline further.

  Comments - 0


Add comment

Comments will be edited (grammar, spelling and slang) and authorized at the discretion of Daily Mirror online. The website also has the right not to publish selected comments.

Reply To:

Name - Reply Comment





A Sri Lankan giving dignified burials to unclaimed bodies for five decades

After their death, most people are memorialized at a service, surrounded by g

Focus on Laggala Gem mining big shots bigger than the law

The truth is now being uncovered regarding an illegal mining racket in state

How and why the TNA was formed twenty years ago

The Tamil National Alliance (TNA) is now twenty years of age. The premier pol

India lays emphasis on culture diplomacy with Sri Lanka

Indian Prime Minister Narendra Modi wanted to inaugurate the Kushinagar Inter