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Sri Lanka bond yields edge up

Sharhan Muhseen and Raja Senanayake

Feb 26, 2013 (LBO) - Sri Lanka has sold 2.
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0 billion rupees of 5-year bonds maturing on November 15, 2018 to yield 10.


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97 percent, and 10-year bonds maturing on January 01, 2023 to yield 11.76 percent, the state debt office said.
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The 5-year bond yield was up from the last auction where a slightly shorter tenor bond, maturing on July 15, 2018 was sold to yield 10.73 percent.

In the secondary market a liquid 5-year bond maturing on April 01, 2018 was quoted around 11.10/15 percent after spiking to as much as 11.

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15/25 percent in early trade, dealers said.
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