T-bill rates fall to lowest since 1989
Sri Lanka Treasury Bill yields fell to a record low at Wednesday’s auction to their lowest levels since 1989.
Accordingly, Treasury Bill rates fell below 5%. The three-month yield was down to 4.65%, the six-month yield was down to 4.75% and the 12-month yield was down to 4.91%
The Central Bank of Sri Lanka decided to accept Rs. 29,500 million from the auction.
The post Sri Lanka Treasury Bill rates plunge to 30-yr low appeared first on Adaderana Biz English | Sri Lanka Business News.
Source From biz.adaderana
Author: Isma Izzath
#SriLanka #News #lka