Sri Lanka to sell Rs45bn in bonds on May 26

ECONOMYNEXT – Sri Lanka is offering to sell Rs45 billion of 2 to 10 year bonds, on May 26, through an auction, the state debt office said.

The debt office is offering Rs10 billion of 2-year 4-month bonds, Rs15 billion of 5 year 4 month bonds, Rs12 billion of 7-year 7-month bonds and Rs8.0 billion of 10-year bonds.

Two year five month bonds were auctioned on May 19 for 1175 percent, 7 year 7 month bonds at 12.40 percent, and 10-year bonds at 12.82 percent.

The debt office may accept higher than the offered amounts or lower volumes.

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