Three months T-Bill rates jumped by 11% within the last three weeks

91Days T-Bill rate was up from 28.08% to 32.11%, 182Days up from 28.74% to 31.01% and 364Days T-Bill rate up from 28.11% to 29.87% at the primary auction held after a 1% rate hike by CBSL. LKR 49Bn T-Bill was matured within market participants, while CBSL managed to raise LKR 53.7Bn resulting in less requirement for more money printing.