Treasury bill rates move up

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Treasury bill rates move up

Posted by author 11 months ago on Jun 27th, 2012 5:33 PM and filed under Economy. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry

Sri Lanka’s weekly Treasury bill auction held today saw rates across the board moving up.

Accordingly, the three month rate went up to 11.12% from last weeks 11.04% while the six month rate climbed up to 12.61% from 12.47% recorded last week.

The one year tenor bill moved up by 10 basis points from last week’s rate to reach 12.88%.

Central Bank in total has received Rs. 29.98 billion bids while it has accepted Rs. 11.79 billion to re-issue Rs. 15 billion worth of maturing treasury bills.