Sri Lanka Treasuries yields fall

The debt office said 20 billion rupees of maturing bills were offered to the market and 18.55 billion rupees worth bids were accepted.

Meanwhile in money markets excess liquidity has built up partly due to dollar inflows bought by the monetary authority.

However in January the Central Bank also gives a provisional advance of printed money to the finance ministry, which if not sterilized weakens the currency or triggers foreign reserve losses.