Sri Lanka Treasuries yields ease

Chief Regulatory Officer at CSE Renuke Wijayawardhane presenting the listing certificate to Executive Chairperson at Renuka Hotels Shibani Thambiayah

Feb 02, 2011 (LBO) – Sri Lanka’s Treasury bills yields eased at Tuesday’s auction with the government raising 21.5 billion rupees after offering 11 billion rupees in bills for roll-over.

The 3-month yield fell one basis point to 7.00 percent, the 6-month yield also fell one basis point to 7.09 percent and the 12-month yield remained flat at 7.33 percent.

The government sold 2.4 billion rupees of 3-month bills, 3.6 billion rupees on 6-month bills and 4.9 billion of 12-month bills.