Sri Lanka Treasuries yields steady

Sept 25, 2013 (LBO) – Sri Lanka’s Treasuries yields eased on shorter maturities at Wednesday’s auction despite more than the offered amount being sold to bidder, data from the state debt office showed. The 3-month yield eased 01 basis point to 8.60 percent, the 6-month also edged one basis point lower to 9.63 percent and the 12-month yield was flat at 10.57 percent.

The debt office, which is a unit of the Central Bank, said 9.0 billion in bills were offered for rollover and 14.7 billion rupees in bids were accepted.

The debt office sold 500 million rupees of 3-month bills, 325 million rupees of 6-month bills and 13.8 billion rupees in 12-month bills.