Sri Lanka’s Central Bank offers Rs30bn in 4 and 8 year bonds

Mar 21, 2015 (LBO) – Sri Lanka has offered 10.0 billion rupees in 4 year bonds and 20.0 billion rupees in 8 year bonds, the state debt office of the Central Bank said.

At the last auction held in 17 March 2015, 4 year bonds were sold at an average yield of 9.13 percent and 6 year bonds were sold at 9.55 percent.

The 4 year bonds with a coupon of 10.6 percent would mature on 15 September 2019 while the 8 year bonds with a coupon of 11.2 percent would mature on 01 September 2023.