Sri Lanka sells 05, 07, 10 and 13 year treasury bonds at 9.58–10.88-pct

Bonds

Sep 15, 2015 (LBO) – The issue of treasury bonds amounting to 16 billion rupees have been oversubscribed with 73 billion rupees of bids received from investors.

The Central Bank has accepted 3.1 billion rupees of 05 year bonds maturing on 01 May 2020 at a weighted average yield rate of 9.58 percent.

The bond auction held on Tuesday also accepted 9.5 billion rupees of 07 year bonds maturing on 01 October 2022 at a rate of 9.95 percent.

The Central Bank also accepted 5.2 billion rupees of 10 year bonds maturing on 01 August 2025 at a weighted average yield rate of 10.38 percent.

The bond auction also accepted 10.8 billion rupees of 13 year bonds maturing on 01 September 2028 at a rate of 10.88 percent.

At the last auction the 05 year bond maturing on 01 May 2020 rated at 9.65 percent.