Sri Lanka Treasuries yield up at auction

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.

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