Sri Lanka’s treasury bills fall to historic low in recent auction

COLOMBO (News1st): Sri Lanka’s 12-month Treasury bill rate has fallen to 359 basis points so far this year to its historic low of 4.86 percent at Wednesday’s auction, central bank data showed, amidst a raft of measures to boost credit in a low-interest-rate environment to fuel the faltered economy grappled with the coronavirus pandemic. The government debt […]

Sri Lanka’s treasury bills fall to historic low in recent auction

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