Sri Lanka Treasuries yields flat

Chandi Dharmaratne

June 09, 2010 (LBO) – Sri Lanka’s Treasury bill yields were steady at Wednesday’s auction, with the government selling more than the maturing volume to raise new money, the government’s debt office said. The debt office sold 1.7 billion rupees in 3-month bills, 4.7 billion in 6-month bills and 3.9 billion rupees in 12-month bills. The 3-month yield fell 01 basis point to 8.07 percent, the 6-month yield fell 01 percen tot 8.89 percent and the 12-month yield was flat at 9.26 percent.

The debt office, which is a unit of the Central Bank said it raised 10.3 billion rupees in a week that saw 9.0 billion rupees of bills maturing.