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Sri Lanka Treasuries yields steady

Sharhan Muhseen and Raja Senanayake

May 11, 2011 (LBO) - Sri Lanka's Treasuries yields were steady at Wednesday's auction with the government rolling over 8.
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8 billion rupees worth maturing bills, according to data released by the government's debt office. The 3-month yield edged up 01 basis point to 7.
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06 percent, the 6-month yield rose 01 basis point to 7.16 percent and the 12-month yield was flat at 7.
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35 percent.

The government sold 3.1 billion rupees in 3-month bills, 4.

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7 billion rupees in 6-month bills and 891 million rupees in 12-month bills.


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The debt office said auction for the re-issue of 10 billion rupees in maturing bills was oversubscribed with bids amounting to 18.7 billion being received.

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