T-bill yields steady

12 Jun 2013 - {{hitsCtrl.values.hits}}

The short term Treasury bill yields fell at yesterday's auction held to re-issue Rs.12 billion maturing bills, the Public Debt Department of the Central Bank said.

The 3-month T-bill yields fell 3 basis points to 8.67 percent and 6-month yields 1 basis point to 9.80 percent. The 12-month bill yields remained unchanged at 10.85 percent.

The government sold rs.943 million in 3-month bills, Rs.2.76 billion in 6-month bills and Rs,11.23 billion in 12-month bills.

The Central Bank in May cut the policy rates by 50 basis points to spur economic growth.

Economy

T-bill yields steady

Most Popular Articles

Third review approved by IMF, SL to get next US$ 333 million tranche

Niloufer Esufally-Anverally Makes a Stylish Comeback with the Launch of NLFR

Global Entrepreneurship Week 2024 kicks off across all 25 districts

LATES'T NEWS

Low-pressure area over Bay of Bengal intensifying into depression tomorrow

Local Government polls to be held early next year: Vijitha

Another student injured in Badulla KDU bus accident dies

Health officials warn of spreading viral fever

Human trafficking on the rise Sri Lanka sees 60% surge in cases in 2024, Report reveals