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Sri Lanka Treasury bill yields rise, 12-month up 16bp

ECONOMYNEXT – Sri Lanka’s Treasury bill yields rose across maturing at Tuesday’s auction, with the 12-month yield rising 16 basis points to 8.19 percent, data from the Public Debt Management Office shows. The 3-month weighted average yield rose 4 basis points to 7.55 percent. After offering 35 billion rupees, 20.1 billion rupees, was sold. The 6-month weighted average rose 4 basis points to 7.95 percent. After offering 70 billion rupees of bills, 40 billion was sold. The 12-month yield rose 16 basis points to 8.19 percent. Sri Lanka short bill yields were at times below the overnight rate interbank rate,…

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