Sri Lanka’s weekly Treasury bill auction held today saw the three and the six month rates moving downwards while the one year rate was up marginally by 6 basis points.

Accordingly, the three month rates came down to 10.86% from last weeks 11.01% while the six month rates came down to 12.12% from last weeks 12.29%.

The one year rates rose marginally as earlier said to 12.66% from last weeks 12.60%.

Central Bank which conducts the auction received Rs. 56.31 billion worth of bids while it only accepted Rs. 20.47 billion to settle Rs. 25 billion worth of maturing treasury bills.

The Bank has accepted Rs. 5.33 billion out of the three month bids, while Rs. 10.39 billion has been accepted out of the six month bids and Rs. 4.75 billion out of the one year bids received.

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