Sri Lanka bill yields fall

July 29, 2009 (LBO) – Sri Lanka’s Treasury bill yields fell across maturities with the 3-month yield falling 15 basis points to 10.64 percent, at Wednesday’s auction, the government’s debt office said.

The 6-month yield fell 27 basis points to 11.46 percent and the 12-month yield fell 13 basis points to 11.97 percent.

The government has raised 11.4 billion rupees despite falling rates.

Originally only 10.5 billion rupees of bills were offered.