Sri Lanka rejects all bids at bond auction
ECONOMYNEXT – Sri Lanka has rejected all bids for an auction after offering to sell, 4, 6 and 7 year bonds, the debt office said.
The debt office, which is a unit of the Central Bank offered five billion rupees bonds maturing on 15.12.2020 for which 14.08 billion rupees of bids were received.
For bonds maturing on 01.10.2022, 14.2 billion rupees of bids were received. For 7-year 8-month bonds maturing on 01.01.2024 bids of 31.23 billion rupees were received
The central bank rejected all bids.