Sri Lanka sells extra Rs14bn Treasury bonds after auction

Sri Lanka sells extra Rs14bn Treasury bonds after auction

Sri Lanka has sold 14,000 million rupees of bonds offered on tap at an average rate set at an auction this week, bringing the total of bonds sold in the week to 154 billion, data from the Ministry of Finance – Public Debt Management Office showed.

The debt office sold a 01 March 2030 maturity bond (LKB00530C017) at a weighted average yield rate of 9.50 percent. 4,000 million rupees were sold.

The debt office sold a 15 June 2034 maturity bond (LKB00934F154) at a weighted average yield rate of 10.70 percent. 6,000 million rupees were sold.

The debt office sold a 01 July 2037 maturity bond (LKB01237G019) at a weighted average yield rate of 10.88 percent. 4,000 million rupees were sold.

On Thursday, 140 billion rupees in 2030, 2034 and 2037 bonds were sold.


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Sri Lanka sells Rs140bn in 2030, 2034 and 2037 bonds

Total market subscription was 79 billion rupees.

Settlement date is March 3. 

Source: Economy Next

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