Sri Lanka Treasuries yield plunge at auction

Oct 03, 2012 (LBO) – Sri Lanka’s Treasuries yields fell across maturities at Wednesday’s auction with the 12-month yield falling the most by 54 basis points to 12.

48 percent, data released by the state debt office showed.
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The state offered 10 billion rupees in maturing debt and accepted 13.0 billion rupees from the market.

The 3-month yield fell 30 basis points to 11.

30 percent and the 6-month yield fell 47 basis points to 12.10 basis points.

The debt office said 700 million rupees of 3 month bills, 2.

45 billion rupees of 6-month bills and 9.8 billion rupees of 12 month bills were sold.