Sri Lanka Treasury bill yields up

Sept 05, 2012 (LBO) – Sri Lanka’s Treasury bill yields edged up slightly across maturities at Wednesday’s auction with the 12 month yield gaining 05 basis points to 13.36 percent, data released by the state debt office showed. The 6-month yield also rose 05 basis point to 13.12 percent and the 3-month yield rose 03 basis points to 11.44 percent.

The debt office, which is a division of the Central Bank said 1.1 billion rupees of 3-month bills, 11.4 billion rupees of 6-month bills and 582 million rupees of 12-month bills were sold.

Originally 13.0 billion rupees of maturing bills were offered to the market.