Interest rates show a significant drop during TB auction

Date:

Colombo (LNW): Interest rates indicated a significant decline at yesterday’s (16) treasury bond auction, demonstrating that the 91-day bill yield rate decreased by 223 basis points to 17.55 per cent from 19.78 per cent, and the 182-day bill yield rate by 224 basis points to 14.87 per cent from 17.11 per cent, a statement by the Central Bank of Sri Lanka (CBSL) revealed.

Further, the 364-day bill yield rate dropped by 75 basis points to 13.19 per cent from 13.94 per cent.

Share post:

spot_imgspot_img

Popular

More like this
Related

Ceylon Dollar Bond Fund Shines amid Revival of Sovereign Confidence

Sri Lanka’s dollar bond market once battered by default...

Sri Lanka beer market balances tax burden with tourist-driven demand

Sri Lanka’s beer sector is navigating a delicate balance...

Expert Warns of dismantling tariffs and para-tariffs Risking  Economic Stability 

Sri Lanka must not rush into dismantling tariffs and...

Sri Lanka Tourism Booma, amidst Revenue Bust and : Mismanaged Agencies

Sri Lanka may be celebrating record-breaking tourist arrivals, but...