Sri Lanka Treasuries yields continue to fall

Minister appoints Dr Swaminathan to IPACSL as Chairperson

Aug 12, 2010 (LBO) – Sri Lanka’s Treasury bill yields fell further at Wednesday’s auction with one year yields falling the most, the government debt office said.

The 3-month yield fell 14 basis points to 7.64 percent, while the 6-month yield was down 18 basis points to 8.30 and the 12-month yield was down by 26 basis points to 8.54 percent.

The debt office, which is a unit of the Central Bank, said it accepted 12.251 billion rupees from which 11 billion rupees worth of maturing bills will be rolled-over.

The debt office sold 1.205 billion rupees in 3 months bills, 4.881 billion rupees in 6-month bills and 6.165 billion rupees in 12-month bills.