Sri Lanka sells Rs20bn in 10-year bonds

COLOMBO (EconomyNext) – Sri Lanka has sold 20 billion rupees in 10-year bonds at a weighted average yield of 10.03 percent and 5.3 billion rupees in five-year bonds at a yield of 5.07 percent, the state debt office said.

It offered 20 billion rupees in 10 year bonds at a coupon rate of 10.25 percent and five billion rupees in five year bonds at a coupon of eight percent.

The debt office received bids of 48 billion rupees for the 10 year bonds and bids of 22.8 billion rupees for the five year bonds.
 

Latest Comments

Your email address will not be published. Required fields are marked *