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Sri Lanka sells $81.25mn of 2 and 3 year development bonds

Apr 28, 2015 (LBO) - The issue of Sri Lanka development bonds amounting to 50 million US dollars have been oversubscribed with 108.
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25 million US dollars of bids received from investors.


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The central bank has accepted 30.00 million US dollars of two year bonds at a rate of 6 month US dollars LIBOR plus a weighted average margin of 360 basis points.
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The bond auction held on Tuesday accepted 51.25 million US dollars of three year bonds at a rate of 6 month US dollars LIBOR plus a weighted average margin of 377.
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20 basis points.
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