Sri Lanka sells 4-year dollar bonds for 5.75-pct

ECONOMYNEXT – Sri Lanka has sold 77.85 million dollars of dollar denominated ‘Sri Lanka Development Bonds’ styled securities by auction, the state debt office said.

The debt office sold 54.4 million dollars of 1 year 9 month bonds for a fixed rate of 5.0 percent, after getting bids of 55.9 million dollars.

The debt office also sold 25.46 million dollars of 3-year 8-month bonds for 5.75 percent.

The settlement date is September 17, 2018. (Colombo/Sept11/2018)

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