Sri Lanka treasuries rates edge lower

Sept 10, 2008 (LBO) - Sri Lanka's 12-month treasury bill yield fell 16 basis points to an average of 18.34 percent and 6-month bills fell 30 basis points to 17.45 percent at Wednesday's auction, the government's debt office said. The debt office which is a unit of the central bank said 8,000 million rupees of bills were offered to the market but only 6.
flagyl
6 billion rupees of bids were accepted.
amoxicillin
The balance was rejected.

Three month bills were not offered to the market.

Dealers say 12-month bills were quoted around 18.27/34 on Wednesday after the auction, which is lower than the auction average.

Six month bills are quoted at 17.

36/41 levels which were also lower than the auction average.