Sri Lanka Treasuries yield ease

Oct 14, 2013 (LBO) – Sri Lanka’s Treasuries yields eased across maturities at an auction Monday, data from the state debt office showed. The 3-month yield fell 02 basis points to 8.56 percent, the 6-months yield fell 01 basis point to 9.60 percent and the 12-month yield fell 01 basis point to 10.49 percent.

The auction, usually held on Wednesdays was held early as Wednesday and Fridays are holidays.

The debt office said 530 million rupees of 3 month bills, 700 million rupees of 6-month bills and 9.7 billion rupees of 12-month bills were sold.

In the secondary market a 5-year bond was quoted at 11.35/38 percent, levels seen before foreign investor selling started earlier this year, dealers said.