Sri Lanka T-bill yields steady

Chandi Dharmaratne

June 02, 2010 (LBO) – Sri Lanka’s Treasury bill yields were steady at this week’s auction with the 3-month yield edging 02 basis points lower to 8.08 percent and the 12-month yield flat at 9.26 percent, the government’s debt office said. The six month yield edged 01 basis point lower, to 8.90 percent.

The debt office, which is a unit of the Central Bank said it had sold 9,154 million rupess worth bills, though only 9.0 billion rupees of bills matured. The government sold 1.6 billion rupees worth 3-month bills, 5.4 billion rupees worth 6-month bills and 2.0 billion rupees worth 12-month bills.