Sri Lanka treasury bills yields ease

Feb 27, 2008 (LBO) — Sri Lanka’s treasuries yields edged lower at Wednesday’s auction with the 3-month yield falling 11 basis points to 18.48 percent, the government’s debt office said. The 6-month yield fell 03 basis points to 18.97 percent and the 12-month yield fell 06 basis points to 19.04 percent.

The government raised 5.9 billion rupees from the market and retired the balance 3.8 billion rupees. Sri Lanka bill yields have been falling in the past two months.