Sri Lanka sells 04, 06 and 13 year bonds; 13 year bond yields up

Bonds

Sep 28, 2015 (LBO) – The issue of treasury bonds amounting to 13 billion rupees have been oversubscribed with 64 billion rupees of bids received from investors.

The Central Bank has accepted 3.0 billion rupees of 04 year bonds maturing on 15 September 2019 at a weighted average yield rate of 9.50 percent.

The bond auction held on Monday also accepted 6.5 billion rupees of 06 year bonds maturing on 01 August 2021 at a rate of 9.90 percent.

Debt department of the Bank also accepted 3.6 billion rupees of 13 year bonds maturing on 01 September 2028 at a weighted average yield rate of 11.04 percent.

The bank has rejected all the bids received for the 8 year bond.

At the last auction the 13 year bond maturing on 01 September 2028 rated at 10.88 percent.