An Echelon Media Company
Wednesday October 5th, 2022

Sri Lanka offers 2032 bonds on tap at 29-pct

ECONOMYNEXT – Sri Lanka is offering 2032 bonds yielding 29.96 percent on tap following an auction on Wednesday, the state debt office said.

At an auction on Wednesday 45 billion rupees of 2032 bonds offered were all sold.

The cut off is estimated at a little over 30 percent, according market participants.

Only 3.2 billion rupees of 2025 bond were sold after offering 30 billion rupees.

But on tap 2032 bonds are offered.

Potential buyers could submit bids through primary dealers for small amounts. (Colombo/Sept14/2022)

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