ECONOMYNEXT – Sri Lanka sold a five year bond maturing on 15 June 2014 at a weighted average yield of 9.83 percent at an auction Thursday, according to the public debt department of the central bank.
It also sold a 15-year bond maturing on 15 March 2035 at a weighted average yield of 10.59 percent.
The public debt department raised 75 billion rupees through the four-years and 11 months bond, with a coupon rate of 10.24 percent, having got bids of 132 billion rupees.
It raised 50 billion rupees through the 15-year bond with a coupon rate of 11.50 percent.
(COLOMBO, 27 June, 2019)