TB rate down - 09-01-2013

VISA · 1 TB rate down - 09-01-2013 Wed Jan 09, 2013 1:04 pm

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Why interest comming down with big bond issue on 10-01-2013 ?

http://www.cbsl.gov.lk/pics_n_docs/latest_news/press_20130109e.pdf

Redbulls · 2 Sri Lanka Treasuries yields drop Wed Jan 09, 2013 3:03 pm

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Jan 09, 2012 (LBO) - Sri Lanka's Treasuries yields dropped across maturities with the 6-month yield falling as much as 18 basis points to 10.81 percent at Wednesday's auction, data from the state debt office showed.

The 3-month yield dropped 03 basis points to 0.88 percent and the 12-month yield dropped 03 basis points to 11.35 percent.

The debt office said 28 billion rupees of bills were offered for roll-over and 31.3 billion rupees in bids were accepted.

Market participants had put in 70.0 billion rupees of bids.
http://lbo.lk/fullstory.php?nid=989027394

tharindu1 · 3 Sri Lanka Treasuries yields drop Thu Jan 10, 2013 10:02 am

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Sri Lanka Treasuries yields drop
Jan 09, 2012 (LBO) - Sri Lanka's Treasuries yields dropped across maturities with the 6-month yield falling as much as 18 basis points to 10.81 percent at Wednesday's auction, data from the state debt office showed.

The 3-month yield dropped 03 basis points to 0.88 percent and the 12-month yield dropped 03 basis points to 11.35 percent.
The debt office said 28 billion rupees of bills were offered for roll-over and 31.3 billion rupees in bids were accepted.

Market participants had put in 70.0 billion rupees of bids.

VISA · 4 Re: TB rate down - 09-01-2013 Thu Jan 10, 2013 1:47 pm

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Today bond Auction

http://www.cbsl.gov.lk/pics_n_docs/latest_news/press_20130110ea.pdf

sriranga · 5 CBSL - Press Release - TB 10/01/2013 Thu Jan 10, 2013 4:55 pm

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http://www.cbsl.gov.lk/pics_n_docs/latest_news/press_20130110ea.pdf

Redbulls · 6 Sri Lanka sells Rs43.1bn in bonds Thu Jan 10, 2013 7:44 pm

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Jan 10, 2013 (LBO) - Sri Lanka has rolled over 43.1 billion rupees in bonds at average yields slightly lower than the market a day earlier, data from the state debt office showed.

The debt office sold 16.3 billion rupees of 5-year bonds maturing on 2018 to yield 10.90 percent slightly lower than the 11.10 percent levels that bonds of similar maturity traded before the auction.

Dealers said after the auction 2018 bonds were quoted as low as 10.50 percent.

Ten billion rupees worth eight year bond maturing to 2021 were sold to yield an average of 11.64 percent

The debt office also sold 16.8 billion rupees of 15 year bonds maturing on 2028 to yield 12.25 percent.
http://lbo.lk/fullstory.php?nid=152423926

Fresher · 7 Re: TB rate down - 09-01-2013 Thu Jan 10, 2013 7:59 pm

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this was already posted in yday's thread. Good to merge

Redbulls · 8 Re: TB rate down - 09-01-2013 Thu Jan 10, 2013 8:00 pm

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Two different issue of TB.

Fresher · 9 Re: TB rate down - 09-01-2013 Thu Jan 10, 2013 8:02 pm

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no i meant today's one was posted as a reply in the same thread. without the image.

sriranga · 10 Re: TB rate down - 09-01-2013 Thu Jan 10, 2013 8:07 pm

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Topics Merged.
Thanks.

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An amount of Rs.43.1 billion was accepted at the first Treasury bond auction conducted for 2013 and the first in five months, surpassing the initial offered amount of Rs. 40 billion. All three maturities attracted bids totalling up to Rs. 92.35 b.

The five year bond drew Rs. 34 billion in bids and Rs. 16.49 billion were accepted at a weighted average of 10.90% and the 15 year bond attracted Rs. 33.1 billion worth of bids of which Rs. 16.8 billion was accepted with a weighted average of 12.25%.

The eight year bond drew Rs. 25.1 billion worth of bids and Rs. 10 billion accepted with a weighted average of 11.64%.

Wealth Trust Securities said in secondary bond markets activity remained very high mainly centring on the five year duration. Yields on this maturity (15 August 2018) opened the day at a high of 10.90% and dipped to an intraday low of 10.30% subsequent to the release of the auction results. However profit taking at these levels saw its yields increase once again to close the day at 10.60%-10.70%.

Furthermore, the auction bond of 1 April 2018 saw trades been taking place at levels ranging from 10.50% to 10.85% and closed the day at 10.80%-10.90% reflecting a premium of 20 basis points above the 15 August 2018 maturity. Other durations along the yield curve such as the two year, three year and four year maturities was seen been quoted at levels of 10.60%-10.80%, 10.85%-11.00% and 10.70% to 10.80% respectively, which in turn reflected an distortion on the yield curve.
http://www.ft.lk/2013/01/11/years-first-t-bond-auction-attracts-bids-over-rs-92-b-rs-43-1-b-accepted/