Treasury bill yields fell across all maturities at yesterday’s primary market auction where the Central Bank offered maturing bills amounting to Rs. 10 billion. Bids amounted to Rs. 36.3 billion of which Rs. 11.2 billion was accepted.
The three-month bill saw its yield ease to 11.30 percent from 11.41 percent a week earlier, down 11 basis points while the six-month yield dropped 34 basis points from last week to 12.57 percent. The 12-month bill saw its yield slip 28 basis points to 13.02 percent.
Meanwhile, the rupee closed flat against the US dollar after appreciating in previous sessions.
"The rupee closed flat against the greenback at Rs. 130.95-00 unchanged from its opening level of Rs. 130.95-05 in light trading. The highest trade for the day was at Rs. 131.05 and lowest was at Rs. 130.95," the Sri Lanka Forex Association said.
source - www.island.lk
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