Sri Lanka Treasuries yields steady

Directory launched in the presence of Jagath Perera, CA Sri Lanka President, Manil Jayesinghe, CA Sri Lanka Vice President, Harsha Basnayake, Ernst & Young Asia Pacific Transaction Advisory Managing Partner, Aruni Rajakarier, Chairperson of the CA Sri Lanka Women Empowerment Committee, Anoji De Silva, Alternate Chair of the Women Empowerment Committee and Dulani Fernando, CA Sri Lanka CEO

May 29, 2013 (LBO) – Sri Lanka’s Treasuries yields were steady at Wednesday’s auction with the 3-month yield down 02 basis points to 8.73 percent and other maturities flat, data from the state debt office showed. The 6-month yield was flat at 9.90 percent and the 12-month yield was 10.86 percent.

The debt office, which is a unit of the Central Bank said 1.4 billion rupees in 3-month bills, 4.9 billion in 6-month and 17.3 billion rupees in 12-month bills were sold.

The debt office offered 15 billion rupees in maturing bills and accepted 23.6 billion rupees in bids from the auction.

Tomorrow Sri Lanka is offering 2.0 billion rupees in a 30-year long bond auction. .