Sri Lanka sells less than offered treasury bills, yields flat

ECONOMYNEXT – Sri Lanka has sold 39.62 billion rupees of Treasury bills, of an offered 70 billion, with yields flat across maturities, data from the state debt office showed. The 3-month yield was unchanged at 7.52 percent, with 10 billion rupees of bills offered and 4.47 billion sold. The 6-month yield was unchanged at 7.89 percent, with 40 billion rupees offered and 30.76 billion sold. The 12-month yield was unchanged at 8.02 percent with 20 billion rupees offered and 4.38 billion bills sold. 108.61 billion bids were received. All three bills are available on tap at the weighted average yield.…

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