Sri Lanka’s Treasuries yields ease

June 05, 2013 (LBO) – Sri Lanka’s Treasuries yields eased at Wednesday’s auction with the 6-month yield falling as much as 09 basis points to 9.81 percent, data from the state debt office showed. The 3-month yields fell 03 basis points to 8.70 percent and the 12-month yield fell 01 basis point to 10.85 percent.

The debt office said it sold 1.3 billion rupees in 3-month bills, 3.0 billion in 6-month bills and 20.3 billion rupees in 12-month bills, after offering 13.0 billion in bills at the auction.

In money markets the Central Bank’s total Treasury bill stock which fell to a low of 92 billion rupees on May 15 with 6 billion rupees in excess liquidity has since climbed to 101 billion rupees with 21 billion rupees of excess liquidity by June 04.
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