Sri Lanka Treasuries edge lower

Mar 19, 2014 (LBO) – Sri Lanka’s Treasuries yield edged lower at Wednesday’s auction with the 3-month yield down 03 basis points to 6.66 percent, data from the state debt office showed. The 6-month yield fell 02 basis points to 6.83 percent and the 12-month yield fell 01 basis point to 7.05 basis points.

The debt office which is a unit of the Central Bank offered 10 billion rupees of bills for roll-over.

It accepted bids for 12.0 billion rupees, made up of 700 million rupees in 3-month bills, 2.8 billion rupees in 6-month bills and 8.5 billion rupees in 12-month bills.