Sri Lanka sells all offered Treasuries, more sold in 6, 12-m bills

ECONOMYNEXT – Sri Lanka has all offered Treasury bills at Wednesday’s auction with the 12-month yield marginally rising by 02 basis points, data from the state debt office show. 2.84 billion rupees of 3-month bills were sold at 7.52 percent, flat after offering 12 billion rupees. 37.22 billion rupees of 6-month bills were sold at 7.90 percent, up 01 basis point after offering 30 billion rupees. 15.0 billion rupees of 12-month bills were sold at 8.04 percent, up 0.02 basis points after offering 15 billion rupees. Sri Lanka tax revenues have gone up 32 percent and current spending is growing…

Read the full article →