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The Invisible
The Invisible
Posts : 2923
Join date : 2016-11-28
Age : 41

Sri Lanka’s 01-year Treasuries yield falls to 10.39-pct Empty Sri Lanka’s 01-year Treasuries yield falls to 10.39-pct

on Thu Oct 25, 2018 7:27 am
Message reputation : 100% (2 votes)
ECONOMYNEXT - Sri Lanka's one-year Treasury bill yield fell five basis points to 10.39 at an auction Tuesday, reversing the trend of sharp hikes in recent auctions, data from the state debt office showed.

The debt office, which is a unit of the central bank, rejected bids for three-month bills while six-month bills were not offered.

It offered four billion rupees worth of 12-month bills, got bids of 26 billion rupees and accepted bids worth 7.5 billion rupees.
(COLOMBO, 23 Octber, 2018)
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serene
Top contributor
Top contributor
Posts : 4849
Join date : 2014-02-26

Sri Lanka’s 01-year Treasuries yield falls to 10.39-pct Empty Re: Sri Lanka’s 01-year Treasuries yield falls to 10.39-pct

on Thu Oct 25, 2018 7:37 am
Not good in the account of RS vs $ tussle. isn't it.
The Invisible
The Invisible
Posts : 2923
Join date : 2016-11-28
Age : 41

Sri Lanka’s 01-year Treasuries yield falls to 10.39-pct Empty Re: Sri Lanka’s 01-year Treasuries yield falls to 10.39-pct

on Thu Oct 25, 2018 7:45 am
Message reputation : 100% (1 vote)
Yes not favorable but might be a temporary drop. We need to see the future trending.
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