Sri Lanka Treasuries yields drop

ECONOMYNETXT – Sri Lanka’s Treasuries yields eased on longer maturities with the 12-month yield dropping 12 basis points to 5.32 percent, data from the state debt office showed.

The debt office offered 4.0 billion rupees of 3-month bills and sold 3.45 billion rupees, at 5.08 percent, unchanged from a week earlier.

Another 6.55 billion rupees of 6-month bills were sold after offering 6.0 billion at 5.18 percent, down 4 basis points.

The debt office sold 18.5 billion rupees of 12-month bills after offering the same volume.

A total of 28.5 billion in bills were sold. (Colombo/July08/2020)