Sri Lanka treasury Bill rate fell once again at primary auction

Treasury Bill rate for 91 Days fell to 4.60%, 192 Days to 4.69%, and 364days to 4.86% at the primary auction held today at CBSL public debt department. Investors are still parking their excess money in risk-free financial instruments even at a very low return. Banks are depositing their excess money in CBSL at 4.5% daily return. Still 91days bill rate is above the effective daily rate of 4.52%