Sri Lanka sells Rs2.0bn in 04 and 07 year bonds

July 02, 2015 (LBO) – The issue of treasury bonds amounting to 10 billion rupees have been oversubscribed with 18 billion rupees of bids received from investors.
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The central bank has accepted one billion rupees of four year bonds maturing on 01 May 2020 at a weighted average yield rate of 8.
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20 percent. The bond auction held on Thursday accepted another one billion rupees of seven year bonds maturing on 01 October 2022 at a rate of 8.
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57 percent. Last Monday the bank sold a four year bond at a weighted average yield rate of 8.
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16 percent and a six year bond at 8.
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67 percent. An eight year bond maturing on 01 September 2023 has been sold at a rate of 8.
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82 percent last Monday.
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