• Thu. Apr 18th, 2024

The latest $200 million issuance of Sri Lanka Development Bonds (SLDBs) closed undersubscribed on Tuesday with only bids received amounting to $62.64 million, the Central Bank (CB) data showed.

The CB behalf of the government accepted $43.6 million of the total bids received.

The SLDBs were offered on fixed-rate determined through competitive bidding for all maturities.

The CB raised $39.37 million through 1 Year SLDBs at a 6.89 percent fixed-rate, $2.55 million though 1 Year 3 Months SLDBs at 2.53 percent fixed-rate, $ 1.60 million through 2 Year SLBDs at 6.92 percent fixed-rate and $ 0.10 million through 4 Year SLDBs at 6.05 percent fixed-rate.

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