Sri Lanka Treasuries yields flat

Apr 06, 2011 (LBO) – Sri Lanka’s Treasury bill yields were flat at Wednesday’s auction with six billion rupees of maturing bills being sold to real buyers, the government’s debt office said. The 3-month yield was 6.99, up one basis point, with 2,560 million rupees in bills being sold and the 6-month yield rose one basis point to 7.09 percent from the last auction with 562 million rupees in bills being sold.

The 12-month yield was flat at 7.30 percent with 2,882 million rupees worth of bills being sold.

The debt office said the auction was oversubscribed with bids amounting to 11,061 million rupees being received.