Sri Lanka Treasuries yields drop

Jan 09, 2012 (LBO) – Sri Lanka’s Treasuries yields dropped across maturities with the 6-month yield falling as much as 18 basis points to 10.81 percent at Wednesday’s auction, data from the state debt office showed. The 3-month yield dropped 03 basis points to 0.88 percent and the 12-month yield dropped 03 basis points to 11.35 percent.

The debt office said 28 billion rupees of bills were offered for roll-over and 31.3 billion rupees in bids were accepted.

Market participants had put in 70.0 billion rupees of bids.