Lankapage Logo Recent Top Stories
CP 14 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, 24 billion rupees reissue oversubscribed three times
Wed, Jan 16, 2013, 02:08 pm SL Time, ColomboPage News Desk, Sri Lanka.

Jan 16, Colombo: Sri Lanka Central Bank's issue of Rs.24 billion Treasury Bills at the weekly auction on Wednesday for the week ending 16 January, 2013 was oversubscribed three fold with declining rates.

At the weekly primary auction, the re-issue of Rs.24 billion maturing Treasury bills was oversubscribed with bids amounting Rs. 73.978 billion being received, the Central Bank said. The Bank has decided to accept Rs. 34.618 billion from the auction.

Continuing the last week's trend, the one-year Treasury bill rate has declined by 9 basis points to 11.26% this week from the previous week's 11.35%. The Bank has accepted Rs. 29.841 billion on one-year T-bills.

Six month tenor bills rate declined by 23 basis points to 10.58% from last week's 10.81%and the three month tenor bills declined to 9.75%, from last week's 9.88%.

The Bank accepted Rs. 3.721 billion in 6-month and Rs. 1.056 billion in 3-month bills.



ColomboPage - Recent 10 Stories
Scottish engineer James Casserly faces counter-claim of assault in brawl with Malaka Silva
-- [23 minutes ago]
Sri Lanka seeking a partner from the Indian subcontinent to develop East Container Terminal at Colombo port
-- [2 hours ago]
Sri Lankan President instructs AG to investigate allegations against him in Australian media
-- [2 hours ago]
DPL receives Presidential Award for highest value added exports
-- [3 hours ago]
UN Secretary General to visit Sri Lanka next week
-- [3 hours ago]
Sri Lankan government clarifies global law firm's role in consultations in response to media reports
Sri Lanka port to expand services to be among the world 20 best ports by 2020
Sri Lanka armed forces annual joint field exercise Cormorant Strike to commence on September 3
Foreign Ministry organizes mobile consular service in Nallur, Jaffna from August 28 -31
Five businessmen barred from leaving the country over millionaire businessman's murder

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.