Sri Lanka Treasuries yields fall

Sri Dharanee Performance Arts Theatre

Aug 04, 2010 (LBO) – Sri Lanka’s Treasury bill yields slipped 12 to 20 basis points Wednesday with one year yields falling most, auction results from the government debt office showed.

The debt office sold 1.1 billion rupees in 3 months bills, 4.8 billion rupees in 6-month bills and 7.6 billion rupees in 12-month bills.

The 3-month yield fell 12 basis points to 7.78 percent from 7.90 a week earlier. The 6-month yield was down 16 basis points to 8.48 and the 12-month yield was down by 20 basis points to 8.80 percent.

The government’s debt office said it raised 13.5 billion rupees in a week that saw 12 billion rupees of bills maturing.