Sri Lanka’s latest Treasury bill auction saw Rs122.7 billion in sales out of a total Rs130 billion offered, with yields remaining largely stable across maturities, according to data released by the state debt office.
The three-month T-bill maintained a yield of 7.65 percent, unchanged from the previous auction. Out of Rs20 billion offered, only Rs10.7 billion was sold.
The six-month bill saw a modest increase of 1 basis point, settling at 7.98 percent. It attracted stronger demand, with Rs53.1 billion sold against an offer of Rs60 billion.
Meanwhile, the 12-month T-bill yield held steady at 8.30 percent. Interestingly, demand exceeded the offer, with Rs58.8 billion sold versus a Rs50 billion offer.
All three maturities remain available on tap at their respective weighted average yields. The settlement date for the auction is set for May 9.