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At the last 'development bond' auction in June, Sri Lanka offered 200 million US dollars and accepted bids for 230 million US dollars.
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The bonds went for 294 basis points above the London Inter bank Offered Rate (LIBOR).
In that month 250 million dollars of bonds matured.
The bond is offered to foreign citizens, firms, non-resident Sri Lankans, dual citizens, and firms who are approved by Sri Lanka's Board of Investment.
Income tax paid in Sri Lanka will be reimbursed by the issuer, the public debt office said.