Market NewsCapital Markets & Investment
Sri Lanka Raises Extra Rs8Bn via T-Bill Tap Facility š
⢠Overall Figures: The Public Debt Management Office raised an additional Rs. 8 Bn via its on-tap facility, pushing total T-bill issuances for the week to Rs. 88 Bn (after raising Rs. 80 Bn at Wednesday's auction). Total market subscription reached Rs. 23.83 Bn. ⢠Tenor & Yield Breakdown: ⢠3-Month: Average rate at 8.96% ⢠6-Month: Average rate at 9.27% ⢠12-Month: Average rate at 9.81% ⢠Market Context: Government securities tap sales provide crucial short-term liquidity, helping fund national fiscal needs while supporting financial sector stability and capital market depth.
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