Sri Lanka Treasuries yields up

Standing left to right – Mr. Dinesh Jebamani (Chief Manager Liability Product Management and New Age Media – Seylan Bank), Mr.Sudesh Peiris (Senior Manager – Digital Banking Channels – Seylan Bank), Ms. S.Senevirathne (Representative of the Revenue Department – Western Province), Mr. Tilan Wijeyesekera (Deputy General Manager – Retail Banking – Seylan Bank) and Mr. Malik Wickremanayaka (Deputy General Manager – Operations – Seylan Bank)

Mar 25, 2013 (LBO) – Sri Lanka’s Treasuries yields rose at this week’s auction, held on Monday with the 12 month yield rising 11 basis points to 11.35 percent, data from the state debt office said. . The 3-month yield rose 04 basis points to 9.26 percent. Bids for 6-month bills have been rejected. Last week 6-month bills were sold at a weighted average yield of 10.25 percent.

The debt office said 825 million rupees in 3-month bill and 8.0 billion rupees in 12-month bills were sold.