Sri Lanka sells 5-year bonds to yield 10.73-pct

Feb 12, 2013 (LBO) – Sri Lanka has sold 5-year bonds maturing on July 15, 2018 to yield 10.73 percent at Tuesday’s auction one basis point below the previous auction, data from the state debt office showed. The previous auction had a June maturity.

In the secondary market 5-year bonds were trading at around 10.84/88 percent delays said.

After offering 2.0 billion rupees of bonds, the debt office, which is a unit of the Central Banks said 4.3 billion rupees worth securities were sold.