Sri Lanka sells three billion rupees in 02 and 03 year bonds

June 23, 2015 (LBO) – Sri Lanka has sold three billion rupees of two and three year bonds after calling bids for two billion rupees of bonds, the state debt office said.

The debt office on Tuesday sold 1.5 billion rupees of two year bonds maturing on 15 June 2017 at a weighted average yield of 6.70 percent.

A three year bond maturing on 15 November 2018 was sold at an average yield of 7.18 percent, raising another 1.5 billion rupees.

The state debt office of the Central Bank offered one billion rupees in two year bonds and another one billion rupees in three year bonds.