📈 Sri Lanka Raises Additional Rs 8 Bn via Tap Sale of Treasury Bills

• Total Issuance: Public Debt Management Office sold Rs 8 Bn in Treasury bills on tap following the weekly auction, bringing total bill sales for the week to Rs 88 Bn (Rs 80 Bn raised at the primary auction). • Demand: Strong market interest with total subscriptions reaching Rs 20,913 Mn for the tap issuance. • Yield Breakdown: • 3-month bills: Average rate of 9.25% • 6-month bills: Average rate of 9.41% • 12-month bills: Average rate of 9.95% • Market Impact: Demonstrates continued domestic market demand for government securities across short- to medium-term maturities, supporting sovereign debt management and liquidity absorption.