Sri Lanka sells Rs25.4bn in 5 and 10 year bonds

Mar 30, 2015 (LBO) – Sri Lanka has sold 25.4 billion rupees of five and ten year bonds after calling bids for 25 billion rupees of bonds, the state debt office said.

The debt office on Monday sold 5.26 billion rupees of five year bonds maturing on 01 June 2020 at weighted average yield of 9.07 percent.

A ten year bond maturing on 15 March 2025 was sold at an average yield of 10.03 percent, raising 20.10 billion rupees.

The state debt office of the Central Bank offered 5.0 billion rupees in five year bonds and 20.0 billion rupees in ten year bonds.

At the last auction held in 26 March 2015, four year bonds were sold at an average yield of 8.92 percent and eight year bonds were sold at 9.73 percent.