July 04, 2012 (LBO) – Sri Lanka’s Treasuries yields rose across the board on Wednesday, six-month yields rising the most by 16 basis points, state debt office said. Three-month treasuries were up eight basis points to 11.20 percent, six month paper rose to 12.77 percent, while one-year maturities gained 10 basis points to 12.99 percent, the Central Bankâ€™s Public Debt office said.
Some 15 billion rupees worth of maturing treasury bills were re-issued on Wednesday, with the bank receiving bids worth 33.738 billion rupees. However, the debt office accepted only 14.496 billion rupees worth of bids from the market.
During Wednesdayâ€™s primary auction, the debt office sold 3.051 billion in three month bills, 10.350 billion in six month bills and 1.095 billion rupees in 12-month bills.