Sri Lanka sells Rs10.36bn in 04 and 14 year bonds

Oct 30, 2015 (LBO) – The issue of treasury bonds amounting to 9 billion rupees have been oversubscribed with 72 billion rupees of bids received from investors.
The Central Bank has accepted 3.
7 billion rupees of 04 year, 06 month bonds maturing on 01 May 2020 at a weighted average yield rate of 8.99 percent.

The bond auction held on Friday also accepted 6.
7 billion rupees of 14 year, 06 month bonds maturing on 15 May 2030 at a rate of 10.
33 percent.

The bank has rejected all the bids received for the 8 year bond.
At the last auction the 03 year, 10 month bond maturing on 15 September 2019 rated at 9.
14 percent.