November, 17, 2020
Central Bank of Sri Lanka (CBSL) yesterday (16) announced that the most recent SLDB auction held from 10 to 13 November 2020 with settlement on 18.11.2020 enabled to raise $ 24.82 million.
At the said auction, maturities offered varied from one-year and two months to four years and two months and were offered at a fixed rate of 6.69% to 6.82%.
"Subsequent to the said auction due to renewed interest/investor appetite for SLDBs, further investment of $ 62 million was raised by close of business yesterday (16) at the Weighted Average Fixed Rates determined for respective maturities on offer at the above auction, with settlement of such investments on 18.11.2020," CBSL said in a statement.
"Accordingly, an aggregate amount of USD 86.82 million was raised in all four maturities in comparison with the total offered amount of USD 75 million." statement added.
Sri Lanka Development Bonds (SLDBs) are offered by the Government of Sri Lanka and denominated in United States Dollars (USD).