Sri Lanka Treasuries yield plunge

Manjula Mathews, President of the Board of Directors of Habitat for Humanity Sri Lanka (L) and Yu Hwa Li, National Director of Habitat for Humanity Sri Lanka (R) present Rakhil Fernando, Managing Director of Daraz (C) with Goodwill Ambassador Certificate

Dec 11, 2013 (LBO) – Sri Lanka’s Treasuries yields fell across maturities at Wednesday’s auction with the 12 month yield plunging 35 basis points to 9.15 percent, data from the state debt office showed. The debt office offered 10 billion rupees of maturing bills and accepted 13.3 billion rupees in bids from the auction.

The three month yield fell 12 basis points to 7.85 percent and the 6-month yield fell 17 basis points to 8.48 percent.