Sri Lanka bill yield steady

The Hapag-Lloyd delegation including, Capt. Prateek Gandhi – Director Operations, Hapag-Lloyd, Regional Office, Dubai,Mr. Faheem Mir – Manager - Operations, Hapag-Lloyd, Regional Office, Dubai,Mr. Lalith Witanachchi – Vice President, Hapag-Lloyd Lanka (Pvt) Ltd, Mr. Mindaka Dassanayake – General Manager, Hapag-Lloyd Lanka (Pvt) Ltd.,Mr. Rohan Ranasinghe – Terminal Operations Manager, Hapag-Lloyd AG and Mr. Iqram Cuttilan – Managing Director, Aitken Spence Shipping Ltd poses for a pic with SLPA’s Chairman -Admiral Sirimewan Ranasinghe and the Managing Director - Eng. Ganaka Hemachandra. SLPA's Vice Chairman - Eng. Herath M.P. Jayawardhana, Director (Operations) - Mrs. G. Zavia Miskin and Director (Marketing and BD) - Mr. H J K U Kumara are also present.

May 25, 2011 (LBO) - Sri Lanka's 12-month Treasuries yield was flat at 7.

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35 percent on Wednesday with, though the 3-month yields edged up marginally, at Wednesday's auction, the government's debt office said.

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The 3-month yield rose 02 basis points to 7.19 percent and the 3-month yield also rose 02 basis points to 7.09 percent.

The government's debt office said out of 10 billion rupees in maturing debt 9.

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76 billion rupees in bids had been accepted from the auction, terminology that usually indicates that holders had been repaid with printed money to avoid default.

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Over the week longer term bond yields fell amid stronger demand from at least two foreign banks dealers said.

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The 4-year 2015 maturing on July 15 was quoted at a yield of 8.70/8.75 percent after dropping to a low of 8.60 percent Wednesday down from 9.

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05/9.10 levels on Friday, dealers said.

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Sri Lanka's 2020 rupee bond was quoted wide around 9.

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10/9.30 dealers said.

Meanwhile 10-year Greek bond traded around 16.

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7 percent and 10-year Irish bonds yielded 10.

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7 percent, reports said.