The Central Bank of Sri Lanka (CBSL) states that there was a high demand of 277,896 million rupees for the government’s first treasury bond auction held yesterday (11) with the aim of obtaining 95,000 million rupees for the new government.
There was over demand of Rs.215,738 million for the issue of Rs.70,000 million treasury bonds maturing in 3 years and 5 months (15.10.2024 to 15.03.2028). According to the Public Credit Department of the CBSL, there was a high demand of 62,158 million rupees for treasury bonds worth 25,000 million rupees that mature in eight years (15.10.2024 to 01.10.2032).
The department also said that the amount of bids accepted by the CBSL from both treasury bond issues, which were in high demand, will be only bonds worth 95,000 million rupees.
It has been decided to pay annual interest at an interest rate of 10.75% for bonds with a maturity of more than three years and at an interest rate of 9% for treasury bonds with a maturity of eight years.
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