Sri Lanka 12-month Treasuries fall at auction

ECONOMYNEXT  – Sri Lanka’s 12-month Treasuries yields fell 14 basis points to 10.85 percent at Wednesdays auction, with 20 billion rupees of bills being sold, the state debt office said.

The debt office sold 17.5 billion rupees of 12-month bills after offering 12 billion rupees of securities.

The debt office also sold 2.45 billion rupees of six month bills at 9.94 percent, down 1 basis point from a week earlier after offering 8.0 billion.

There were no sales of 3-month bills. (Colombo/Dec09/2018)

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