CBSL to borrow Rs.20.5bn for the government

CBSL to borrow Rs.20.5bn for the government

CBSL to borrow Rs.20.5bn for the government

Written by Staff Writer

27 Nov, 2015 | 10:36 pm

Making an announcement at the Treasury Bond Auction held for Rs.12 billion on Friday November 27, the Central Bank of Sri Lanka (CBSL) stated that it has decided to borrow Rs.20. 5 billion through a treasury bill auction, for the government.

CBSL had planned to accumulate Rs. 12 billion in three batches with a maturity period of four years and five months, ten years and six months and nineteen years and three months.

The Central Bank says that that it was decided to obtain Rs. 20.5 billion as loans after bids were placed for Rs. 71.8 billion at the auction.

The bonds have been issued at a Weighted Average Yield between 8.91 and 10.5 percent.

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