Sri Lanka Treasuries flat

L-R: Director/CEO of Seylan Bank Kapila Ariyaratne, Chairman of Seylan Bank Ravi Dias

Nov 16, 2010 (LBO) – Sri Lanka’s Treasuries yields were steady at Tuesday’s auction with 13.0 billion rupees in bills being sold with 12.0 billion maturing, the government’s debt office said. The government sold 2.7 billion rupees in 3-month bills, 6.6 billion rupees in 6-month bills and 3.8 billion rupees in 12-month bills. The 3-month bill yield fell one basis point to 7.29 percent, the 6-month bill rose one basis point to 7.38 percent and the 12-month yield was flat at 7.55 percent.