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Sri Lanka’s Treasury yields continued to increase for the 6th consecutive week at today’s Treasury bill auction, data showed.

The 3 months treasury yield advanced by 19bps to 6.78%, while 6 months yield increased by 13bps to 7.06%. One year Treasury bill rate inclined from 7.42% to 7.48% (+6bps). CBSL offered LKR 18bn worth of Treasury bills today and the auction was oversubscribed by 2.4 times with bids received amounting to LKR 42.6bn. It was decided to accept LKR 18.2bn worth of bills.