Sri Lanka sells Rs36bn 3,5 and 9 year bonds

ECONOMYNEXT – Sri Lanka has sold 36 billion rupees of 3,5 and 9-year bonds at an auction Thursday, after offering 34 billion rupees of securities, data from the state debt office showed.

The debt office sold 10 billion rupees of 3-month bonds maturing on 01.05.2016 at an average yield of 11.58 percent.

14.3 billion rupees of 5-year bond maturing on 01.03.2021 was sold to yield 11.89 percent.

12.34 billion rupees of 9-year bonds maturing on 01.08.2025 were sold to yield 12.5 percent. (Colombo/June30/2016)

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