Sri Lanka T-bill yeilds edge down

Aug 27, 2008 (LBO) - Sri Lanka's Treasury bills yields fell at Wednesday's auction with 6-month bills falling 29 basis points to 18.





01 percent and one year yields falling 5 basis points to 18.60 percent. The central bank said it had accepted only 6.

4 billion rupees of bids from the market for 7.





5 billion rupees of maturing bills and the rest of the bid were rejected.

A total of 14.6 billion rupees of bids had been received.

Three month bills were not offered.

Three month bills were sold at last week's auction for 16.

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46 percent.