Sri Lanka Treasuries yields up

Feb 22, 2012 (LBO) – Sri Lanka’s Treasuries yields rose 20 basis points across maturities at Wednesday’s auction with the one year yield reaching 10.19 percent, the state debt office said. The 3-month yield increased 20 basis points to 9.51 percent and the 6-month yield rose 20 basis points to 9.64 percent.

The debt office, which is a unit of the Central Bank said out of 10 billion rupees of bills offered for sale, bids for 9.2 billion was accepted from the market.

The debt office sold 6.7 billion rupees in 3-month bills, one billion in 6-month bills and 1.3 billion rupees in 12-month bills.

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