Srilanka, Feb. 6 -- In yesterday's weekly T-Bill auction, weighted average yields registered a marginal dip. The weighted average yield for the 3M bill stood at 7.79% and recorded a 14bps drop compared to the previous auction. The yield for the 6M bill traded at 8.00% with a 9bps drop, whilst the 12M bill stood at 8.43% with a 4bps dip from the previous auction rate. In terms of the volumes, CBSL offered a total of LKR 180.0Bn worth of T-bills collectively, and this amount was fully subscribed. Notably, the total bids received exceeded the total offered amount by 2.2 times.

At the secondary market, the yield curve experienced thin trading volumes and moderate trading activity, whilst 3 and 6 month T-bills experienced rate declines foll...