Sri Lanka Treasuries yield up at auction

Sri Lanka's state minister of defence Ruwan Wijewardene (L) takes part in a press conference in Colombo on April 24, 2019. - A Sri Lankan security dragnet hunting those responsible for horrifying bombings that claimed more than 350 lives has scooped up a further 18 suspects, police said April 24, as pressure mounted on politicians to explain why no one acted on intelligence warnings. (Photo by ISHARA S. KODIKARA / AFP) (Photo credit should read ISHARA S. KODIKARA/AFP/Getty Images)

Oct 17, 2012 (LBO) – Sri Lanka’s Treasuries yields edged up slightly at Wednesday’s auction with the 12 month yield rising 07 basis points to 12.39 percent, data from the state debt office showed. The 03 month yield rose 03basis points to 10.66 percent and 06-month yield rose 06 basis points to 11.83 percent.

The debt office, which is a unit of the central bank said, 2.0 billion rupees of 3-month bills, 2.9 billion rupees of 6-month bills and 6.9 billion rupees of 12 month bills were sold.

The debt office offered 16 billion rupees of maturing bills and had accepted 11.9 billion rupees in bids.