Sri Lanka’s state debt office has successfully raised an additional Rs. 17.3 billion by selling Treasury bills on tap following its weekly auction. The supplementary issuance was made at average yields of 7.65% for 3-month bills and 7.98% for 6-month bills, according to a statement released on Thursday.
The 3-month bills, issued under the code LKA09125H157, were sold at a rate of 7.65%, while the 6-month bills, issued under LKA18225K141, were sold at 7.98%. These post-auction sales add to the Rs. 173 billion raised earlier on May 14, when the debt office auctioned 3-month, 6-month, and 12-month maturities as part of its regular government financing operations.
The tap issuance indicates continued investor interest in short-term government securities, as authorities work to manage fiscal needs while maintaining borrowing costs in a stable range.