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Central Bank holds firm on rates, rejects billions in T-Bill bids
The Island
|October 20, 2025
In last week's government securities market, the Central Bank's Treasury bill auction revealed a cautious standoff between the authorities and investors. While there was significant investor interest, with bids totaling LKR 102 billion, the Central Bank accepted only LKR 27 billion, a fraction of the LKR 77 billion it had initially offered.
This indicates that the Central Bank is firmly holding the line on interest rates, refusing to pay higher yields to attract more funds.
This story is from the October 20, 2025 edition of The Island.
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