Sri Lanka treasuries yields edge up

Jan 12, 2010 (LBO) – Sri Lanka’s Treasury bill yields edged up across maturities at Wednesday’s auction, the government’s debt office said. The 3-month yield was up 07 basis points to 7.84 percent, the 6-month yield was up 05 basis points to 8.82 percent and the 12-month yield was up 03 basis points to 9.38 percent.

The government sold 1.337 billion rupees of 3-month bills, 2.831 billion rupees of 6-month bills and 3.614 billion rupees of 12-month bills.

The debt office, which is a unit of the Central Bank, said though 9.0 billion rupees of bills matured only 7.78 billion rupees worth bids were accepted from the market.