Sri Lanka Treasuries yields steady

Dec 22, 2010 (LBO) – Sri Lanka’s Treasury bill yields across all tenors remained steady at Wednesday’s auction with the government rolling over nine billion rupees worth of maturing bonds, the debt office said. The debt office said it accepted 9,165 million rupees from the auction. The yield on three-months bills stayed flat at 7.25 percent, that on six-month bills was also steady at 7.38 percent while the one-year bill yield were also unchanged at 7.55 percent.

The weekly primary auction for the re-issue of 9,000 million rupees of maturing Treasury bills was oversubscribed with bids amounting to 17,969 million rupees being received.