Sri Lanka sells extra Rs2.5bn Treasury bills after auction

EconomyNext reports that Sri Lanka’s public debt management office sold Rs2.5 billion in Treasury bills offered on tap, matching the total market subscription. The sale brought the week’s bill sales to Rs88.983 billion.

EconomyNext reports that the additional sale comprised six-month bills at an average rate of 9.44% and 12-month bills at 9.95%. The bills are due to settle on October 30, 2026.

EconomyNext reports that on Wednesday, October 28, the debt office raised Rs86.48 billion from three-, six- and 12-month bills, after offering Rs100 billion.

Daily Mirror reports that activity in the secondary market was moderate as investors focused on the Treasury-bond auction. In a separate account of market trading, Daily Mirror reports mixed sentiment, subdued volumes and a broadly unchanged yield curve, with foreign selling pressure in longer maturities, particularly the 2033 and 2034 bonds.

Written automatically by AI from the outlets’ own reports, and not reviewed by an editor. It can be wrong — the original report is the authority.