Sri Lanka T-bill yeilds frozen for third week

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

Aug 26, 2009 (LBO) – Sri Lanka’s Treasury bill yields were frozen at the weekly auction for the third week running, in auction where 10.1 billion rupees out of a maturing 12.0 billion was sold to the market, the government’s debt office said. The 3-month yield stayed at 10.57 percent, the 6-month yield at 11.43 percent and the 12-month yield at 11.98 percent. The debt office, which is a unit of the Central Bank said 1.1 billion rupees of 3-month bills, 5.3 billion rupees of 6-month bills and 3.5 billion rupees of 12-month bills were sold.