Sri Lanka Treasuries yields flat

Jan 04, 2011 (LBO) – Sri Lanka’s Treasuries yields were flat across maturities at Wednesday’s auction the state debt office said, while bond yields fell in the secondary market, dealers said. On Tuesday, Sri Lanka’s central bank unveiled an annual monetary policy roadmap promising to keep inflation at between 5 and 6 percent in 2012.

The 3-month yield was 8.68 percent, 6-month yield was 8.71 percent and the 12-month yield was 9.31 percent at Wednesday’s auction, the debt office, which is a unit of the Central Bank

The debt office which offered 10 billion in bills for rollover said it sold 14.1 billion in bills through the auction.

Meanwhile dealers said the yield one year bond which was quoted slightly over 10 percent over the past two trading days fell to 9.60 levels from early Wednesday.