COLOMBO, March 18 (Reuters) - Sri Lanka issued $92 million in dollar-denominated development bonds, the central bank said on Thursday, to finance its interim budget over the first four months of 2009.
The bank had hoped to raise $100 million.
Its public debt department accepted $37 million worth of bids for two-year bonds with a yield of six-month LIBOR plus 3.80 percent and $55 million worth of bids for three-year bonds with a yield of six-month LIBOR plus 3.95 percent, the central bank said.
The bank received total bids of $134 million, having expected to raise $50 million from each tenure.
Reporting by Shihar Aneez and Ranga Sirilal; Editing by John Stonestreet