Sri Lanka Treasuries yields steady

Minister appoints Dr Swaminathan to IPACSL as Chairperson

June 22, 2011 (LBO) – Sri Lankan Treasury bill yields were steady at this week’s auction with only the six-month bills edging up slightly, the government’s debt office, which is a unit of the central bank, said. The 3-month yield held steady at 7.12 percent, while the 6-month yield rose one basis point to 7.22 percent, and the 12-month yield was also flat at 7.35 percent.

The debt office said it offer 10,000 million rupees of maturing Treasury bills and got bids amounting to 17,012 million rupees of which 9,382 million rupees worth were accepted.