Sri Lanka sells Rs15.72bn in three and eight year bonds

July 14, 2015 (LBO) – The issue of treasury bonds amounting to 20.00 billion rupees have been oversubscribed with 50.97 billion rupees of bids received from investors.

The Central Bank has accepted 4.67 billion rupees of three years and three months bonds maturing on 15 October 2018 at a weighted average yield rate of 8.18 percent.

The bond auction held on Tuesday also accepted 11.05 billion rupees of eight years and one month bonds maturing on 01 September 2023 at a rate of 9.58 percent.