Sri Lanka T-bill yeilds frozen for third week

Aug 26, 2009 (LBO) – Sri Lanka’s Treasury bill yields were frozen at the weekly auction for the third week running, in auction where 10.1 billion rupees out of a maturing 12.0 billion was sold to the market, the government’s debt office said. The 3-month yield stayed at 10.57 percent, the 6-month yield at 11.43 percent and the 12-month yield at 11.98 percent. The debt office, which is a unit of the Central Bank said 1.1 billion rupees of 3-month bills, 5.3 billion rupees of 6-month bills and 3.5 billion rupees of 12-month bills were sold.