Sri Lanka sells USD458mn in fixed and floating rate bonds

Friday, 20 January 2017 - 12:40


Sri Lanka has sold fixed and floating rate dollar denominated bonds worth 458 million dollars.

The Central Bank called offers to sell 225 million dollars of bonds for settlement on January 23rd.

The Central Bank said in a statement that they sold 225 million US dollars of one-year fixed rate bonds at an average rate of 4.2611 percent and 30 million dollars of floating rates bonds at 300 basis points above six-month Libor.