Sri Lanka Treasuries yields slip

July 28, 2010 (LBO) – Sri Lanka’s Treasury bill yields slipped between 02 to 09 basis points at Wednesday’s auction, despite the government raising fresh money, the debt office said. The debt office sold 1.624 billion rupees in 3-month bills, 5.325 billion in 6-month bills and 6.560 billion rupees in 12-month bills.

The 3-month yield fell 02 basis points to 7.90 percent, the 6-month yield was down 06 basis points to 8.64 percent and the 12-month yield was also down 09 basis points to 9.0 percent.

The debt office, which is a unit of the Central Bank said it raised 13.5 billion rupees in a week that saw 13 billion rupees of bills maturing.