Sri Lanka Treasuries ease lower

Mar 12, 2014 (LBO) – Sri Lanka’s Treasuries yields edged lower at Wednesday’s auction with the 3-month yield down 02 basis points to 6.69 percent, the state debt office said. The 6-month yield fell 03 basis points to 6.85 percent and the 12-month yield fell 01 basis point to 7.06 percent.

The state debt office said 500 million rupees in 3-month bills, 4.3 billion in 6-month bilsl and 13.4 billion rupees in 12-month bills were sold.

The debt office offered 10 billion rupees of bills and accepted 18.2 billion in bids.