Sri Lanka Treasuries yields flat

CEAT Kelani Holdings Managing Director Ravi Dadlani (right) and Lanka Ashok Leyland CEO Umesh Gautham exchange the OEM agreement

Jan 26, 2011 (LBO) – Sri Lanka’s Treasury bills yields were steady at Wednesday’s auction with the government raising 13.2 billion rupees after offering to 11.5 billion rupees of bills for roll-over. The 3-month yield was flat at 7.01 percent, the 6-month yield was up one basis point to 7.10 percent and the 12-month yield was up 02 basis points to 7.33 percent.

The government sold 2.7 billion rupees of 3-month bills, 4.5 billion rupees on 6-month bills and 6.0 billion of 12-month bills.

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