Sri Lanka raised 150 billion rupees at a Treasury bond auction, selling paper across three maturities in 2030, 2034 and 2037, according to public debt management office data reported by EconomyNext.
All of the 70 billion rupees on offer in the bond maturing on 15 October 2030 was sold at an average yield of 11.57 percent. The full 50 billion rupees of the 15 October 2034 maturity went at an average 12.04 percent, while the entire 30 billion rupees of the 1 July 2037 bond cleared at 12.58 percent. All three lines were fully subscribed and remain available on tap.
The successful sale comes as investor appetite for rupee debt has strengthened. Foreign holdings of Sri Lankan rupee bonds recently climbed to a near three-year high on the back of renewed inflows. The government continues to lean on domestic bond issuance to meet its financing needs while working through an IMF-backed recovery programme.
