Sri Lanka sells Rs10.36bn in 04 and 14 year bonds

Oct 30, 2015 (LBO) – The issue of treasury bonds amounting to 9 billion rupees have been oversubscribed with 72 billion rupees of bids received from investors.

The Central Bank has accepted 3.7 billion rupees of 04 year, 06 month bonds maturing on 01 May 2020 at a weighted average yield rate of 8.99 percent.

The bond auction held on Friday also accepted 6.7 billion rupees of 14 year, 06 month bonds maturing on 15 May 2030 at a rate of 10.33 percent.

The bank has rejected all the bids received for the 8 year bond.

At the last auction the 03 year, 10 month bond maturing on 15 September 2019 rated at 9.14 percent.