Sri Lanka sells Rs2.0bn in 04 and 07 year bonds

July 02, 2015 (LBO) – The issue of treasury bonds amounting to 10 billion rupees have been oversubscribed with 18 billion rupees of bids received from investors.

The central bank has accepted one billion rupees of four year bonds maturing on 01 May 2020 at a weighted average yield rate of 8.20 percent.

The bond auction held on Thursday accepted another one billion rupees of seven year bonds maturing on 01 October 2022 at a rate of 8.57 percent.

Last Monday the bank sold a four year bond at a weighted average yield rate of 8.16 percent and a six year bond at 8.67 percent.

An eight year bond maturing on 01 September 2023 has been sold at a rate of 8.82 percent last Monday.