Sri Lanka sells 05, 08 and 15 year treasury bonds at 9.65–10.96-pct

Bonds

Sep 08, 2015 (LBO) – The issue of treasury bonds amounting to 10 billion rupees have been oversubscribed with 60.3 billion rupees of bids received from investors.

The Central Bank has accepted 3.7 billion rupees of 04 year and 08 month bonds maturing on 01 May 2020 at a weighted average yield rate of 9.65 percent.

The bond auction held on Tuesday also accepted 4.4 billion rupees of 08 year bonds maturing on 01 September 2023 at a rate of 10.25 percent.

The Central Bank also accepted 7.4 billion rupees of 14 year and 08 month bonds maturing on 15 May 2030 at a weighted average yield rate of 10.96 percent.

The bond auction rejected the bids received for the 10 year bond.

At the last auction the 04 year and 08 month bond rated at of 9.35 percent.