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Sri Lanka sells Rs50.64bn in 03 & 06 year treasury bonds

Sri Lanka sells Rs50.64bn in 03 & 06 year treasury bonds

The issue of treasury bonds amounting to 40.00 billion rupees have been oversubscribed with 156.79 billion rupees of bids received from investors.

The Central Bank has accepted 27.63 billion rupees of 03 years and eleven months bonds maturing on 01 July 2019 at a weighted average yield rate of 8.19 percent.

The bond auction held on Monday also accepted 23.01 billion rupees of 06 year bonds maturing on 01 August 2021 at a rate of 8.87 percent.

The Central Bank rejected 59.71 billion rupees of bids received for the 10 year bond.

(LBO)

Last modified on Wednesday, 29 July 2015 09:10