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

Mar 04, 2009 (LBO) – Sri Lanka’s Treasury bill yields were flat at Wednesday’s auction, the government’s debt office said, though the 3-month yield was lower by 03 basis points at 15.73 percent. The government offered 7,000 million rupees worth bills to the market but accepted bids for only 2,747 million rupees to keep rates down.

The 6-month yield was unchanged at 16.93 percent and the 12-month yield was also unchanged at 17.73 percent.

The government sold 1,442 million rupees of 3-month bills, 213 million rupees of 6-month bills and 1,092 million rupees of 12-month bills.