Sri Lanka sells 20-year bonds at 12.15-pct

Chief Regulatory Officer at CSE Renuke Wijayawardhane presenting the listing certificate to Executive Chairperson at Renuka Hotels Shibani Thambiayah

June 13, 2013 (LBO) – Sri Lanka has sold 20-year rupee denominated bonds to yield 12.15 percent and 30-year bonds to yield 12.50 percent, the state debt office said. . At the first 30-year bond auction last month 30-year bonds were also sold at 12.50 percent.

The debt office sold 8.0 billion rupees in 20 year bonds maturing on June 01, 2033 and 5.0 billion rupees in 30-year bonds maturing on June 01, 2043.

There have been no recent auctions of 20-year bonds.