Sri Lanka 12-month Treasuries yield falls

July 31, 2013 (LBO) – Sri Lanka’s 12-month Treasuries yield fell 04 basis points to 10.52 percent at Wednesday’s auction, data from the state debt office said. In the secondary market 3-month bills were quoted at 8.65/85 percent levels and 6-month bills were quoted around 9.65/75 percent levels, dealers said.

The 12-month bill was quoted around 10.50/53 percent immediately after the auction.

In forex markets where the spot US dollar was quoted at 131.60/70 rupees and spot-next where settlement is made three day later and active trading is taking place at 131.77/80 rupees, dealers said.
The debt office offered 12 billion rupee in bills for roll-over and accepted 24.8 billion in bids.

In a rare move 3 and 6 month tenors were not offered at today’s auction.