(August 02, 2009 Lanka Polity) Sri Lanka state is reportedly planning to sell sovereign bonds to raise funds possibly US $ 500 million soon, government sources say.
In 2007, Central Bank of Sri Lanka sold $500 million of bonds due in October 2012, at a yield 397.2 basis points higher than U.S. Treasuries of similar maturity.
HSBC, JPMorgan Chase & Co. and Barclays Capital had arranged Sri Lanka’s debut overseas bond sale. Investors placed orders for more than three times the amount of debt sold.
The government has already in touch with the HSBC and JPMorgan to arrange meetings with investors in the U.S., India, Hong Kong and Singapore to highlight prospects in the island nation after the end of its civil war.
Subscribe to:
Post Comments (Atom)
White handkerchief marks protest against forcible cremation by the government of Sri Lanka
Sri Lankan civil society is silently but strongly marking their protest against the government's inhuman forcible cremation of a 20-da...

-
(September 27, Colombo - Lanka Polity ) Several leading media organizations of Sri Lanka call for all citizens who value freedom in all i...
-
(September 10, 2009 - Lanka Polity) The number of suspects died while they are in police custody is increasing rapidly after present Preside...
-
(September 24, Colombo - Lanka Polity ) Supreme Court of Sri Lanka granted today the ex-secretary of the Finance Ministry Dr. P.B. Jayasund...
No comments:
Post a Comment