GoSL has to repay Rs 46 billion maturing T-Bills

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The Central Bank of Sri Lanka (CBSL), on behalf of the Government of Sri Lanka (GoSL), will have to repay maturing Treasury (T) Bills totalling Rs 45,532 million to the market by the coming Friday (22 July), CBSL data showed.

Their splits are 91-day maturities (Rs 45,150 million); 182-day maturities (Rs 270 million) and 364-day maturities (Rs 112 million) respectively. However, maturing T-Bills held by CBSL and repayable to it by the coming Friday is unknown as CBSL doesn’t make privy such information.

Generally, CBSL repays such debt by once more borrowing from the market by reissuing T-Bills to the same. Such issuances/re-issuances are normally made on the coming Wednesday (20 July), with announcement of such issuances/re-issuances made on CBSL’s website on Friday (15 July). However, at the time of writing CBSL hasn’t made mention of such an issuance on their website.

By Paneetha Ameresekere