Sri Lanka sells 8- and 9-year treasury bonds at 9.76-9.97 pct


Aug 25, 2015 (LBO) – The issue of treasury bonds amounting to 40 billion rupees has been oversubscribed with 127.1 billion rupees of bids received from investors.

The Central Bank has accepted 10.2 billion rupees of 8 year bonds maturing on 01 September 2023 at a weighted average yield rate of 9.76 percent.

The bond auction held on Tuesday also accepted 20.2 billion rupees of 09 year and 11 month bonds maturing on 01 August 2025 at a rate of 9.97 percent.

The Central Bank rejected 52.7 billion rupees of bids received for the 04 year bond and 14 year bond.