Sri Lanka treasury bill yields flat

Chief Regulatory Officer at CSE Renuke Wijayawardhane presenting the listing certificate to Executive Chairperson at Renuka Hotels Shibani Thambiayah

Feb 19, 2008 (LBO) – Sri Lanka Treasury bill yields were flat at an auction Wednesday, with the government selling 4.2 billion of the 7.0 billion bills offered for sale. The 12-month yield eased 01 basis points to 17.73 percent, the 6-month also by a basis point to 16.93 percent and the 3-month by 02 basis points to 15.76 percent.

The government’s debt office, which is a unit of the central bank said other bids were rejected.

At Tuesdays bond auction, 1-year 11 months) bonds (maturing 15.01.2011) were sold at a weighted average yield of 18.07 percent, 2-years and 11 month bonds (20.02.2009) were sold at 18.08 percent and 3-years and 11 month bonds (20.02.2009) bonds were sold at 18.03 percent.