Sri Lanka Treasuries yields ease

Dec 15, 2010 (LBO) – Sri Lanka’s three-month and six-month Treasury bill yields fell slightly at Wednesday’s auction with the government rolling over 10,883 million rupees worth of bonds, the debt office said. The debt office said the auction for the re-issue of 11,000 million rupees of maturing Treasury bills was oversubscribed with bids amounting to 19,324 million rupees being received and 10,883 million being accepted. The yield on one-year bills was flat at 7.55 percent while the yield for three-month bills fell to 7.25 percent from 7.27 percent and the yield for six-month bills fell to 7.38 percent from 7.39 percent.