Sri Lanka T-bill yields up; rupee guidance peg steady
ECONOMYNEXT – Yields in Sri Lanka’s Treasury bills rates went up while treasury bonds remained steady in dull trade on Tuesday (27) while a guidance peg for interbank transactions announced by the central bank continued to remain unchanged, dealers said.
Yields in three-month T-bill closed at 31.25/32.00 percent, up from Monday’s close of 29.75/30.25 percent.
The one-year treasury bill closed at 29.00/29.30 percent.
A bond maturing on 01.07.2032 ended at 29.55/75 percent on Tuesday, hardly changed from Monday’s 29.50/85 percent.
Dealers said the market is waiting for the 85 billion rupee weekly T-bill auction to be held on Wednesday (28).
Sri Lanka’s central bank’s guidance peg for interbank transactions on Tuesday was 362.90 rupees against the US dollar, unchanged from Monday.
Data said that commercial banks offered dollars for telegraphic transfers between 369.90 and 370.00 for small transactions.
Banks offered to buy inward remittances at 359.90 -360.00 rupees. (Colombo/Sept27/2022)