Sri Lanka Treasuries yields marginally up

Jan 21, 2010 (LBO) – Sri Lanka’s Treasury bill yields edged up marginally across maturities at Wednesday’s auction, the government’s debt office said. The 3-month yield rose 02 basis points to 7.86 percent, the 6-month yield also moved up 04 basis points to 8.86 percent and the 12-month yield moved up 03 basis points to 9.41 percent.

The debt office, which is a unit of the Central Bank, said 1.2 billion rupees of new bills were sold and only 09 billion rupees of bills were rolled at this week’s auction. The government sold 2.2 billion rupees of 3-month bills, 4.3 billion rupees of 6-month bills and 3.632 billion rupees of 12-month bills.