Sri Lanka Treasuries yields flat

Sept 09, 2009 (LBO) – Yields of Sri Lanka government bonds remained flat at Wednesday’s auction with only 8.8 billion rupees out of 12.0 billion rupees of maturing bills being sold to the market, the government’s debt office said. The 3-month average yield was down 01 basis point to 10.54 percent, the 6-month yield was down 03 basis points to 11.39 percent and the 12-month yield was down 01 basis point to 11.97 percent.

The government sold 2.7 billion rupees of 3-month bills, 2.5 billion rupees of 6-month bills and 3.6 billion rupees of 12-month bills.

Treasuries yields have been flat over four weeks with only part of the issue being sold to the market.

At Tuesday’s bond auction a 3-year 10 month bond maturing on 17.01.2013 sold at 12.53 percent, a 4-year 10 month bond maturing in 15.07,2014 was sold at 12.65 percent and a 5-year 11 month bond maturing on 01.08.2015 was sold at 12.48 percent.