Sri Lanka Treasuries yields ease

Apr 22, 2010 (LBO) – Sri Lanka’s Treasuries yields eased at Wednesday’s auction with the 3-month yield falling 06 basis points to 8.46 percent despite a higher than maturing volume of bills being sold, the debt office said. The debt office sold 2.3 billion rupees of 3-month bills, 6.9 billion rupees of 6-month bills and 3.2 billion rupees of 12-month bills. The 6-month yield fell 03 basis points to 9.21 percent, and the 12-month yield eased 01 basis point to 9.46 percent.

The debt office, which is a unit of the Central Bank said the government sold 12.49 billion rupees of bills while only 8.5 billion rupees of bills matured.