Sri Lanka sells 9-yr bond at 10-pct
Friday August 9, 2019 17:10
ECONOMYNEXT- Sri Lanka sold a 9-year bond at a weighted average yield of 10 percent on Friday, the public debt office said.
The Public Debt Department also sold a 20-year bond at 10.29 percent.
The new 01.05.2028 bond was auctioned at a rate similar to the closely maturing 01.09.2028 which was trading around 9.95/10.05 percent.
The Public Debt Department said that it sold 5 billion rupees in the 2028 bond with a coupon rate of 9 percent.
It sold 10 billion rupees in the 15.08.2039 bond which has a coupon rate of 10.50 percent.
The auction will be settle on August 13. (Colombo/Aug09/2019)