Bond auction yields decline

Sri Dharanee Performance Arts Theatre

Apr.21 (LBO) – Sri Lanka’s Central Bank sold a billion rupees worth of three and four year bonds Friday at yields below market expectations. Details of the auction below:

 


Treasury Bond Auctions


3-years

4-years
Date of Maturity 15-03-2009 01-02-2010
Coupon Rate 7.50% 7.20 %
Amount Offered (LKR) 1,000 1,000
Bids Received
(LKR)
3,280 1,905
Amount Accepted (LKR) 600 400
Weighted Average Yield 10.85% 10.87%
Date of Settlement 25-04-2006 25-04-2006
(Source:
Central Bank)

-LBO Newsdesk