Sri Lanka sells less than offered treasury bills, yields mostly flat

ECONOMYNEXT – Sri Lanka has sold 43.3 billion rupees of Treasury bills, of an offered 77 billion, with yields mostly 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 3.45 billion sold. The 6-month yield rose by 1 basis point to 7.91 percent, with 30 billion rupees offered and 36.03 billion sold. The 12-month yield was unchanged at 8.04 percent with 37 billion rupees offered and 3.82 billion bills sold. 129.97 billion bids were received. The 3- and12-month bills are available on tap…

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