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FINANCIAL CHRONICLE™ » DAILY CHRONICLE™ » T-bill yields plunge

T-bill yields plunge

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1T-bill yields plunge Empty T-bill yields plunge Thu Jan 03, 2013 7:49 am

K.Haputantri

K.Haputantri
Co-Admin

T-bill yields plunge
January 2, 2013, 8:16 pm
The Island

Benchmark Treasury bill yields fells across the board at Wednesday’s (02) auction with the six month yield plunging as much as 33 basis points, data from the state debt office showed.

The 3-month yield fell 9 basis points to 9.91 percent the 6-month yield fell 33 basis points to 10.99 percent and the 12-month yield fell 31 basis points to 11.38 percent.

The debt office, which is a unit of the Central Bank, said 2.1 billion rupees in 3-month bills, 7.3 billion rupees in 6-month bills and 20.2 billion rupees in 12-month bills were sold.

The debt office offered 20 billion rupees of bills at the auction and sold a total of 30.2 billion rupees of bills. (LBO)

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