Sri Lanka has successfully issued bonds worth 8 billion rupees through a tap offer, utilizing average rates established during an auction held the previous week. This brings the cumulative total of bonds sold over the week to 158 billion rupees, according to the latest data from the Public Debt Management Office.
The bond issuance had an initial offer of 150 billion rupees. Among the sold bonds, one maturing on October 15, 2034 (identified as LKB00934J156) was issued with a weighted average yield of 11.96 percent. Additionally, a bond maturing on July 1, 2037 (designated as LKB01237G019) was sold at a weighted average yield of 12.08 percent.
The overall market subscription for this issuance reached 15.4 billion rupees. This follows the sale last Friday, where bonds maturing in 2030, 2034, and 2037 collectively amounted to 150 billion rupees.
Submit Your Press Release
Get your company news, announcements, launches, appointments and events in front of a wider audience.
