Sri Lanka Treasuries steady

(L to R): Nasir Uddhin Chowdhury - MD, Lanka Bangla Securities, Ajith Fernando - Group CEO, CAL, Naveed Vakil – COO, AKD Securities

Dec 08, 2010 (LBO) – Sri Lanka Treasuries yeilds were steady at Wednesday’s despite raising fresh debt, the government’s debt office said. The 3-month yield edged 01 basis point lower to 7.27 percent, the 6-month yield was flat at 7.39 percent and the 12-month yield was also flat at 7.55 percent. The government sold 2.0 billion rupees of 3-month bills, 5.5 billion rupees of 6-month bills and 8.0 billion rupees of 12-month bills raising 12.4 billion rupees, rolling over 11.0 billion rupees of maturing bills.