Sri Lanka 6-month treasuries up

Directory launched in the presence of Jagath Perera, CA Sri Lanka President, Manil Jayesinghe, CA Sri Lanka Vice President, Harsha Basnayake, Ernst & Young Asia Pacific Transaction Advisory Managing Partner, Aruni Rajakarier, Chairperson of the CA Sri Lanka Women Empowerment Committee, Anoji De Silva, Alternate Chair of the Women Empowerment Committee and Dulani Fernando, CA Sri Lanka CEO

July 31, 2012 (LBO) – Sri Lanka’s treasury yields edged-up for six-months notes by two basis points at Tuesday’s auction, while three-month and one-year yields remained flat, central bank figures showed. Three-month notes were steady at 11.35 percent, the 6-month yields rose two-basis points to 12.87 percent and the 12-month yield was flat at 13.15 percent. The central bank’s public debt office said it re-issued 18 billion rupees in bills.

“The auction was oversubscribed with bids amounting to 40.875 billion rupees being received. It was decided to accept 22.207 billion rupees from the auction,” the statement said.