Sri Lanka’s Treasuries yields steady

COLOMBO (EconomyNext) – Sri Lanka’s Treasuries yields were steady at Wednesday’s auction with 11.89 billion rupees of bills sold to the market, data from the state debt office showed.

The 3-month yield edged up 02 basis points to 5.76 percent with 3.4 billion rupees of bills sold.

The 6-month yield was 5.86 percent with 1.7 billion rupees of bills sold. There were no 6-month bill sales last week.

The weighted average 12-month yield was 6.0 percent down 01 basis points from a week earlier with 6.67 billion rupees of paper sold.

The debt office offered 12.0 billion rupees of bills for roll-over.