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Sri Lanka sells USD327mn of 1, 3 and 5 year development bonds

June 25, 2015 (LBO) – The issue of Sri Lanka development bonds amounting to 100 million US dollars have been oversubscribed with 357.
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00 million US dollars of bids received from investors.
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The central bank has accepted 255.00 million US dollars of one year bonds at a floating rate of weighted average margin over six month LIBOR of 340.12. The bond auction held on Thursday accepted 35.
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00 million US dollars of three year bonds at a floating rate of 376.
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43. The public debt department of the central bank has also accepted 37.00 million US dollars of five year bonds at a floating rate of weighted average margin over six month LIBOR of 410.


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