Sri Lanka Treasuries auction yields down

Feb 14, 2013 (LBO) – Sri Lanka’s Treasuries yield fell across maturities at Wednesday’s auction with the 3-month yield falling as much as 15 basis points to 9.10 percent, data from the state debt office showed. The 6-month yield fell 8 basis points to 10.08 percent and the 12-month yield fell one basis point to 11.10 percent.

The debt office which is a unit of the Central Bank said 24 billion rupees of bills were sold, after offering 15 billion of maturing bills at the auction.

In the secondary market however bond yields rose, with 5-year bond rising to 11.00 percent levels from 11.85/90 levels, dealers said.

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