Sri Lanka 3-month bill yield up

Ishara S. Kodikara | AFP | Getty Images Sri Lanka Prime Minister Ranil Wickremesinghe, center, speaks to supporters at the prime minister's official residence in Colombo on December 16, 2018, after he was reappointed as prime minister by Sri Lanka's president, the same man who fired him from the job nearly two months ago.

Feb 10, 2010 (LBO) – Sri Lanka’s 3-month Treasury bill yield moved up 08 basis points to 8.07 percent at Wednesday’s auction while 6 and 12-month bill were steadier, the government’s debt office said. In recent weeks, interest rates have been high enough to roll-over the entire bill stock to real buyers.

The 6-month yield moved up 02 basis points to 8.95 percent and the 12-month yield was flat at 9.46 percent.

The debt office, which is a unit of the Central Bank, said only 10.1 billion worth of bills were sold to buyers out of the 12 billion in maturing bills.