Sri Lanka Treasury bill yields fall

Jan 21, 2009 (LBO) – Sri Lanka Treasury bill yields fell across maturities at Wednesday’s auction with the government raising 4.7 billion rupees, the government’s debt office, which is a unit of the central bank, said. The 3-month yield fell 61 basis points to 16.18 percent.

The 6-month yield fell 33 basis points to 16.89 percent and the 12-month yield fell 24 basis points to 18.00 percent.

The government sold 1,500 million rupees of 3-month bills, 1,756 million of 6-month bills and 1,517 million rupees worth 12-month bills.

Corrected. 3-month yield