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 04, 2011 (LBO) – Sri Lanka’s Treasuries yields were steady at Wednesday’s auction with the government rolling over a 10 billion rupee stock of maturing bills, according to data released by the government’s debt office. The 3-month yield rose 01 basis point to 7.05 percent, the 6-month yield rose 01 basis point to 7.15 percent and the 12-month yield rose 01 basis point to 7.35 percent.

The government sold 4.9 billion rupees in 3-month bills, 3.5 billion rupees in 6-month bills and 1.8 billion rupees in 12-month bills. The debit office said all bills were sold to real buyers with a total of 10.3 billion rupees being raised.