Sri Lanka 6-month Treasuries fall to single digits

Oct 14, 2009 (LBO) – Sri Lanka’s 6-month Treasury bill yield moved to single digits falling 29 basis points to 9.81 percent at Wednesday’s auction, and the 3-month yield fell 11 basis points to 9.15 percent, the government’s debt office said. Sri Lanka’s longer term bill yields have also been falling steadily. The central bank has held its key policy rate at 10.50 percent. The 3-month yield fell to single digits on September 23.

The 12-month yield fell 22 basis points to 10.26 percent.