Colombo, September 25, 2024 – The Central Bank of Sri Lanka (CBSL) announced a Treasury bill auction today, seeking to raise Rs. 120 billion as part of its efforts to manage the country’s financial obligations amid ongoing economic challenges.
The auction includes Rs. 70 billion in 91-day Treasury bills, Rs. 40 billion in 182-day bills, and Rs. 10 billion in 364-day bills. The issuance and payment for these bills are set for September 27, 2024.
This auction plays a critical role as the government looks to raise funds to address rising debt and ensure the continuity of public services. Sri Lanka continues to rely on such short-term debt instruments to manage liquidity and meet its financial obligations as it works towards stabilizing its post-crisis economy.
