Sri Lanka bill yields fall

Sept 16, 2009 (LBO) – Sri Lanka’s Treasuries yields fell across maturities at Wednesday’s auction with 3-month yields falling 50 basis points to 10.
04 percent the government’s debt office said. The 6-month yield fell 43 basis points to 10.
96 percent and the 12-month yield fell 47 basis points to 11.50 percent.

The debt office which is a unit of the Central Bank said 12.
0 billion rupees worth bills matured but only bids for 7.
65 billion rupees was accepted.

The Central Bank cut its overnight policy rate by 50 basis points last week.