Sri Lanka Treasuries yields ease at auction

ECONOMYNEXT – Sri Lanka’s Treasury bill yields eased at Wednesday’s action with the 12-month yield falling 21 basis points to 10.99 percent, the state debt office said.

The debt office, which is a unit of the Central Bank, offered 7 billion rupees of 60month bills and accepted 4,705 million dollars of bids at a weighted average yield of 9.95 percent down from 9.99 percent on December 19.

The debt office offered 8.5 billion rupees of 12-month bills and accepted 10,795 million rupees of bids.

There were no sales of 3-month bills. (Colombo/Jan02/2018)