Sri Lanka Treasuries yields steady

Apr 29, 2014 (LBO) – Sri Lanka’s Treasuries yields were steady at Wednesday’s auction with 12-month yield unchanged at 7.02 percent, date from the state debt office showed. The debt office sold 3.9 billion rupees of 6-month bills, 7.4 billion rupees of 12 month bills totaling 11.3 billion rupees after offering 15.0 billion rupees of maturing bills at the auction. There were no sales of 3-month bills. Last week 3-month bills were sold for a weighted average yield of 6.58 percent.

The 6-month yield was 6.78 percent, down one basis point.