Sri Lanka treasuries yields up

Jan 28, 2010 (LBO) – Sri Lanka’s Treasury bill yields edged up marginally across maturities at Tuesday’s auction, the government’s debt office said. The 3-month yield moved up 09 basis points to 7.95 percent, the 6-month yield moved up 04 basis points to 8.90 percent and the 12-month yield moved up 05 basis points to 9.46 percent.

The debt office, which is a unit of the Central Bank, said out of 11.0 billion rupees of maturing debt only 8.2 billion rupees of bills sold to buyers.

The government sold 0.905 billion rupees of 3-month bills, 6.235 billion rupees of 6-month bills and 1.108 billion rupees of 12-month bills.