The main bidder his son in law who bid at 12.5% obviously had inside information and as a result gained high profits where as the banks and the other financial institutions who made their bids according to the public information given by Central Bank lost out to the company owned by Mr. Mahemdren's son in law.
Also, during the last week several 5-10 year bonds at low rates were sold by CB Governors' Son in law Arjuna's company and reinvested in the 30 year bond , because he had inside information from the Central Bank that the rates would go up to 12.5%.
CB governor's son in law were involved in the previous regime's EPF dealings amounting to Billions as well, no action has been taken so far against his company Perpetual ltd. Now he has taken it to another level because he has the support of his Governor Father in law and the Prime Minister whom he refers to Uncle Ranil in conversations.
God save mother Lanka , we have jumped from one frying pan to a bigger frying pan.
Good Governance Activist.