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Sri Lanka Treasuries yields steady

ECONOMYNEXT – Sri Lanka’s Treasuries yield were steady at Wednesday’s auction with 40 billion rupees in bills offered and sold, though less volumes were sold at the short tend where yields are lower, data from the state debt office showed.

The debt office offered 6.0 billion rupees of 3-month bills and sold 3.5 billion rupees at an average yield of 4.52 percent, down from 4.56 percent a week earlier.

18.5 billion rupees of 6-month bills were sold after offering 14 billion rupees at an average yield of 4.67 percent, from 4.68 percent last week.

17.5 billion rupees of 12-month bills were sold after offering 20 billion at 4.89 percent, unchanged from last week.