Sri Lanka Treasuries yields ease

Oct 08, 2013 (LBO) – Sri Lanka’s Treasuries yields eased at Wednesday’s auction with the 12-month yield falling 02 basis points to 10.50 percent, data from the state debt office showed. The 6-month yield fell 02 basis points from two weeks ago to 8.58 percent. Last week bids for both 3 and 6 months were rejected.

The 6-month yield also fell 02 basis points to 9.61 percent.

The debt office offered 10 billion rupees of maturing bills and accepted 21.3 billion rupees in bids made up of 800 million rupees of 3-month, 500 million rupees of 6-month and 20 billion in 12-month bills.