Interest rates show a significant drop during TB auction

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

Private Bus Operators Weigh Industry Response as Fuel Costs Intensify Pressure

Private Bus Operators Weigh Industry Response as Fuel Costs Intensify Pressure

Sri Lanka and Bangladesh Eye Stronger Strategic Partnership Through High-Level Engagement

Sri Lanka and Bangladesh Eye Stronger Strategic Partnership Through High-Level Engagement

Government Takes Temporary Control of Three National Sports Bodies Amid Governance Reforms

Government Takes Temporary Control of Three National Sports Bodies Amid Governance Reforms

Sri Lanka’s Latest IMF Funding Comes at a Price as Era of Cheap Global Lending Fades

Sri Lanka’s Latest IMF Funding Comes at a Price as Era of Cheap Global Lending Fades