Tuesday 29 December 2015

Sri Lanka rejects all bids at bond auction

ECONOMYNEXT – Sri Lanka’s Central Bank rejected all bids at the treasury bond auctions Tuesday, the public debt department said in a statement.

It got bids of 12.4 billion rupees for five billion rupees worth of 12 years and 08 months bonds with a coupon rate of 11.50 percent.

The public debt department, a unit of the central bank, got bids worth almost 12 billion rupees for five billion rupees of 05 years and 10 months bonds with a coupon rate of 9.45 percent.

It also got bids of 8.7 billion rupees for three billion rupees of 03 years and 10 months bonds with a coupon rate of 08 percent. 

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