Today (13) the State Credit Department of the Central Bank of Sri Lanka called an auction of treasury bills worth 160,000 million rupees and it is reported that bids of 194,890 million rupees were submitted for those treasury bills.
Accordingly, only bids of 99,660 million rupees were accepted and the interest rate of 91-day treasury bills ranged from 17.79% to 19.08%, the interest rate of 182-day treasury bills ranged from 15.93% to 16.95%, and the interest rate of 364-day treasury bills. The Central Bank has announced that the rate has increased from 13.86% to 14.04%.
