Sri Lanka Treasuries yields drop

Dec 04, 2013 (LBO) – Sri Lanka’s Treasuries yields dropped across maturities at Wednesday’s auction with the 12-month yield falling as much as 19 basis points, the state debt office said.
The 3-month yield dropped 09 basis points to 7.97 percent and the 6-month yield dropped 15 basis points to 8.
65 percent.

The debt office offered and sold 11.
0 billion rupees of maturing bills to the market, made up of 500 million rupees of 3-month, 1.0 billion in 6-month and 9.5 billion rupees in 12-month bills.

Corrected 3-month rate is 7.97-pct and not 8.65-pct