Sri Lanka Treasuries yields fall

Jan 16, 2013 (LBO) – Sri Lanka’s Treasuries yield fell across maturities at Wednesday’s auction with the 6-month yield falling as much as 23 basis points to 10.58 percent, data from the state debt office showed. The 3-months yield fell 13 basis points to 9.75 percent and the 12-month yield fell 09 basis points to 11.26 percent.

The debt office which is a unit of the Central Bank offered 24 billion rupees of maturing bills and said bids for 34.6 billion rupees was accepted.

The debt office said it sold 1.0 billion rupees of 3-month bills, 3.7 billion rupees of 6-month bills and 29.8 billion rupees of 12 month bills.