Sri Lanka bill yields up

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.

Apr 19, 2011 (LBO) - Sri Lanka's 3-month Treasury bill yields edged up three basis points to 7.03 percent a week after the Central Bank raised reserve ratios draining 15 billion rupees in excess liquidity from the banking system to contain inflation and credit. The government's debt office said the 6-month yield rose 02 basis points to 7.11 percent and the 12-month yield rose 03 basis points to 7.33 percent.

The debt office, which is a unit of the Central Bank said only 7.
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0 billion rupees of bids from real buyers were accepted in a sale where 10 billion rupees of Treasury bills were maturing.
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The debt office did not say the balance bills were retired. The terminology is usually indicative that the balance 3.0 billion holders had been repaid with printed money.

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