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Thursday, 08 March 2012 - 7:41
SL Treasuries Yields Rise
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According to the state debt office, Sri Lanka's Treasuries yields rose across maturities at yesterday's auction with the three month yield going up the most at 31 basis points to 10.11 percent.

The 6-month yield rose 24 basis points to 10.18 percent and the 12-month yield rose 15 basis points to 10.45 percent.

The debt office said 10 billion rupees were offered for sale at the auction and 9.47 billion rupees of bids were accepted from the auction.

Sri Lanka interest rates are required to go up to cut credit demand and pressure on the balance of payments.

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