Aug 06, 2013 (LBO) - Sri Lanka has sold 4-year Treasury bonds at an auction Wednesday to yield 10.87 percent, the state debt office said, which is lower than the secondary market rate.
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The debt office said it sold 1.6 billion rupees of bonds maturing on January 15, 2017. In the secondary market a bond maturing January 01, 2017 was quoted at 11.15/25 percent, dealers said, which was much higher than the 10.87 percent average auction yield.
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