CBSL conducts the weekly auction

Sri Lanka’s weekly Treasury bill auction held today saw rates of all tenor bills moving downwards.

The short term three month bills moved down by 3 basis points from last weeks rate to stand at 11.41% while the six month rate saw the biggest decline of 21 basis points to come down to 12.91%.

The one year rate also moved down by 6 basis points to stand at 13.36% from the previous weeks 13.30%.

The auction received bids running up to Rs. 27.09 billion while the Central Bank has only accepted Rs. 7.60 billion to settle Rs. 7 billions worth of maturing treasury bills.

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