Sri Lanka sells Rs31.2 bn in 4, 6 and 7 year bonds

July 09, 2015 (LBO) – The issue of treasury bonds amounting to 40.0 billion rupees have been oversubscribed with 74.0 billion rupees of bids received from investors.

The Central Bank has accepted 11.5 billion rupees of four year bonds maturing on 01 May 2020 at a weighted average yield rate of 8.39 percent.

The bond auction held on Thursday accepted another 7.6 billion rupees of six year bonds maturing on 15 October 2021 at a rate of 9.08 percent.

A seven year bond maturing on 01 October 2022 has also been sold at a weighted average yield rate of 9.14 percent accepting 12.1 billion rupees.

Last Thursday the public debt department of the Central Bank sold 2.0 billion rupees in 04 and 07 year bonds.