Sri Lankan Treasuries yields fall

July 15, 2009 (LBO) – The 3-month Treasury bill yield fell 23 basis points to 11.05 percent at Wednesday’s auction, amid record excess liquidity in the banking system of 28 billion rupees. The government sold 2.5 billion rupees of 3-month bills, 3.1 billion rupees of 6-month bills and 4.8 billion rupees of 12-month bills.

The 6-month yield fell 03 basis points to 11.93 percent, and the 12-month yield also fell 03 basis points to 12.32 percent, the government’s debt office said.