Sri Lanka Treasuries edge lower

Aug 13, 2014 (LBO) – Sri Lanka’s Treasuries yields dropped across maturities at Wednesday’s auction with the 12-month yield falling 14 basis points to 6.31 percent, data from the state debt office showed.

The debt office said 1.00 billion rupees in 3-month bills, 2.00 billion in 6-month bills and 10.59 billion in one year bills totaling 13.59 billion rupees were sold after offering 12.00 billion for rollover. The 3-month yield fell 9 basis points to 6.19 percent and the 6-month yield also dropped 9 basis points to 6.30 percent.