Sri Lanka's Central Bank cut its main policy rate by 25 basis points to 9.50 percent, as inflation spiked to the highest in four years, but Treasuries fell faster.
The 3-month yield fell 35 basis points from two week ago with last week's bids rejected.
The 6-month yield fell 32 basis points to 11.78 percent.
The debt office said it sold a billion rupees of 3-month bills, 3.9 billion rupees of 6-month bills and 8.5 billion rupees of 12 month bills.
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