Lankapage Logo Recent Top Stories
CP 13 YEARS
Go Home Home Serving the Sri Lankan community globally since 2000
go to LankaPage.com

Leading News from Sri Lanka::

* Sri Lanka's T-bills rates decline, 28 billion rupees reissue oversubscribed 2.5 times
Wed, Jan 9, 2013, 08:33 pm SL Time, ColomboPage News Desk, Sri Lanka.

Jan 09, Colombo: Sri Lanka Central Bank's issue of Rs.28 billion Treasury Bills at the weekly auction on Wednesday for the week ending 11 January, 2013 was oversubscribed 2.5 fold with declining rates.

At the weekly primary auction, the re-issue of Rs.28 billion maturing Treasury bills was oversubscribed with bids amounting Rs. 70.04 billion being received, the Central Bank said. The Bank has decided to accept Rs. 31.328 billion from the auction.

Continuing the last week's trend, the one-year Treasury bill rate has declined by 3 basis points to 11.35% this week from the previous week's 11.38%. The Bank has accepted Rs. 20.935 billion on one-year T-bills.

Six month tenor bills rate declined by 18 basis points to 10.81% from last week's 10.99%and the three month tenor bills declined to 9.88%, from last week's 9.91%.

The Bank accepted Rs. 8.296 billion in 6-month and Rs. 2.097 billion in 3-month bills.



ColomboPage - Recent 10 Stories
British authorities arrest Sri Lankan couple for visa application fraud
-- [38 minutes ago]
Sri Lankan government to amend Tea Act to impose hefty fines on unscrupulous tea traders
-- [52 minutes ago]
Supplementary medical staff of Sri Lanka government hospitals to strike from August 08
-- [1 hour and 10 minutes ago]
Australia to transfer Sri Lankan asylum seekers from boat to detention center in mainland
-- [3 hours ago]
Momentum building up in Sri Lanka for abolition of executive presidency
-- [4 hours ago]
Tamil Nadu CM urges Indian PM to give visa to UN team probing Sri Lanka
Sri Lanka condemns loss of civilian lives in Gaza
Sri Lanka progressively improves in human development
Coalition party of Sri Lanka ruling alliance likely to contest Uva PC separately
Sri Lanka's Central Bank enters into an investment agreement with Reserve Bank of India

Copyright © 2000, 2012 by LankaPage.com (LLC) :
The news and other contents on ColomboPage are copyrighted property of LankaPage.com, LLC. Any unauthorized use of any information on ColomboPage may constitute a violation of copyright laws. You need written permission to reproduce, republish, post, transmit, broadcast or distribute, material from this site from LankaPage.com, LLC. However, news organizations or broadcasters in Sri Lanka may republish the news items in ColomboPage with proper acknowledgment to ColomboPage.