Sri Lanka Treasuries yields ease

Sri Lanka's Prime Minister Ranil Wickremesinghe arrives with flowers to receive blessings at the Gangaramaya Buddhist Temple, Colombo, Sri Lanka on Wednesday 4 April 2018. On wednesday (4), Wickremesinghe survived a no-confidence motion in the Sri Lankan parliament with a 46 vote majority after a 12-hour debate with 122 MPs voted in his support while 76 MPs voting to remove the prime minister. (Photo by Tharaka Basnayaka/NurPhoto via Getty Images)

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.