Sri Lanka Treasuries yields fall across the board

Sri Lankan Police forming a human chain in parliament to protect the Speaker and enable a vote.

June 25, 2009 (LBO) – Sri Lanka’s Treasuries yields fell across the board at an Auction Wednesday and the government raised 11.6 billion from an original offer to sell only 9.0 billion rupees of bills, the debt office said. The 3-month yield fell 15 basis points to 11.41 percent; the 6-month yield fell 53 basis points to 12.03 percent and the 12-month yield fell 26 basis points to 12.34 percent.

Over the past three months, the central bank said 190 million dollars had flowed into the treasuries market from foreign buyers.