Sri Lanka Treasuries yields steady

Dr. Harsha Cabral PC

June 14, 2011 (LBO) – Sri Lanka’s Treasuries yields were steady at this week’s auction though with only the 3-month yield rising 01 basis point to 7.12 percent, the government’s debt office said. The 6-month yield was flat at 7.21 percent, and the 12-month yield was also flat at 7.35 percent.

The auction was held a day earlier, as Wednesday is a market holiday. The debt office, which is a unit of the Central Bank said 10 billion rupees of bills matured and only 5.4 billion rupees in bids were accepted.