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Sri Lanka sells Rs80bn in 7 and 15-year bonds near market

Jul 12, 2018 18:39 PM GMT+0530 | 0 Comment(s)

ECONOYNEXT - Sri Lanka has sold 35 billion rupees of 7 year bonds and 45 billion rupees of 15 year bonds at yields near the secondary market, data from the debt office shows.

7-year, 2-month bonds maturing on 15.10.2025 were sold at a weighted average yield of 10.53 percent.

In the secondary market, bonds maturing on 01.08.2025 were quoted around 10.55/65 percent before the auction, dealers said.

15-year, 6-month bonds maturing on 15.01.2033 were sold at a weighted average yield of 10.88 percent.

Indicative quotes for similar maturities were around 10.90/11.10 percent, dealer said.

There was an estimated 90 billion rupees of maturing bonds, and only 80 billion rupees were rolled over. (Colombo/July12/2018)
 


 

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