Sri Lanka sells 1-year dollar bonds for 5.7-pct, 2-y for 6.1-pct

ECONOMYNEXT – Sri Lanka has sold 1 and 2 year dollar denominated bonds raising 50 million US dollars, data from the debt office showed. 33 million dollars of 1-year bonds were sold at an average of 5.7 percent after getting bids for 45.5 million dollars. 17 million dollars of 2-year bonds were sold at an average 6.1 percent after getting bids for 42.5 million dollars. Only 1 million dollars of bids came for 3-year dollar bonds which were not accepted. Related Sri Lanka to sell dollar bonds to local market again There would be a possible upsizing by an additional…

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