Sri Lanka sells less than offered treasury bills, yields flat

ECONOMYNEXT – Sri Lanka has sold 27.2 billion rupees of Treasury bills, of an offered 77.5, with yields flat across maturities, data from the state debt office showed. The 3-month yield was unchanged at 7.52 percent, with 15 billion rupees of bills offered and 4.41 billion sold. The 6-month yield was unchanged at 7.89 percent, with 35 billion rupees offered and 18.74 billion sold. The 12-month yield was unchanged at 8.02 percent with 27.5 billion rupees offered and 4.04 billion bills sold. 102.41 billion bids were received. All three bills are available on tap at the weighted average yield. Settlement…

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