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FINANCIAL CHRONICLE™ » DAILY CHRONICLE™ » Sri Lanka Treasuries yields down after rate cut

Sri Lanka Treasuries yields down after rate cut

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Redbulls

Redbulls
Director - Equity Analytics
Director - Equity Analytics

Dec 12, 2012 (LBO) - Sri Lanka's Treasuries yields tumbled across maturities at Wednesday's auction with the 12-month yield falling as much as 41 basis points, data from the state debt office showed.

Sri Lanka's Central Bank cut its main policy rate by 25 basis points to 9.50 percent, as inflation spiked to the highest in four years, but Treasuries fell faster.
The 3-month yield fell 35 basis points from two week ago with last week's bids rejected.

The 6-month yield fell 32 basis points to 11.78 percent.

The debt office said it sold a billion rupees of 3-month bills, 3.9 billion rupees of 6-month bills and 8.5 billion rupees of 12 month bills.
http://lbo.lk/fullstory.php?nid=501893810

2Sri Lanka Treasuries yields down after rate cut Empty CBSL - Press Release Wed Dec 12, 2012 6:58 pm

sriranga

sriranga
Co-Admin

Sri Lanka Treasuries yields down after rate cut Cbsl10

http://sharemarket-srilanka.blogspot.co.uk/

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