Sri Lanka Treasuries yields flat

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

Aug 14, 201 3 (LBO) – Sri Lanka’s Treasuries yields were flat at Wednesdays auction with the 12-month bills easing one basis point to 10.56 percent, data from the state debt office showed. . Three and six month bills were offered at this auction, following a gap.

Three month bills were sold to yield 8.61 percent, down 8.63 percent from the last auction. The 6-month yield was flat at 9.66 percent.

The Central Bank said out of 12.0 billion rupees in maturing bills only 8.2 billion rupees in bids were accepted from the market.