Sri Lanka raises Rs10bn from 30-year bonds

Feb 27, 2015 (LBO) – Sri Lanka’s raised 10,058 million rupees from a 30-year bond which yield 11.73 percent at an auction today, data from the state debt office showed.

Sri Lanka offered a billion rupees of 30-year bonds and had received bids of 20.708 million rupees.

The bond was quoted in the secondary market at around 11.75/12.25 percent Friday after the auction.