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
Procedure announced for foreign passport holders traveling to Sri Lanka's North
-- [2 hours ago]
Sri Lanka Army to take control of relief centers for landslide victims
-- [3 hours ago]
Sri Lanka's Carson group completes acquisition of Millers Brewery
-- [4 hours ago]
Controversial Sri Lankan Minister's son assaulted at night club
-- [4 hours ago]
Lee Hedges Investments enters into lease agreement with Sri Lanka's UDA for a mixed development project
-- [5 hours ago]
Sri Lanka to launch two projects to enhance power sector capacity
-- [6 hours ago]
India to contest Sri Lanka court's death sentences of fishermen through legal process
Sri Lanka to establish a new Vessel Monitoring System (VMS) to monitor fishing boats
India pledges Rs.10 million as immediate relief for Sri Lanka landslide victims
Sri Lanka national carrier receives first of six new A330-300 on order

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.