Sri Lanka's Treasury bill yields rose across all maturities yesterday with three-month and 12-month yields rising most, the Public Debt Department of the Central Bank said.

The three-month bill yields rose seven basis points to 10.74 percent, while 12-month yields rose eight basis points to 12.81 percent. However, six-month bill yields rose only two basis points to 12.07 percent.

The government sold Rs.1.4 billion worth three-month bills, 12.5 billion worth six-month bills and Rs.8.4 billion 12-month bills.

According to the Public Debt Department, the auction was oversubscribed with bids amounting to Rs.44.8 billion being received. It was decided to accept Rs.22.4 billion from the auction.