(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.
Showing posts with label Barclays Capital. Show all posts
Showing posts with label Barclays Capital. Show all posts
Sunday, August 02, 2009
Subscribe to:
Posts (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...
-
The war-torn island starts to see the benefits of defeating terrorists militarily. (Wall Street Journal Opinion) (December 03, Colombo - La...
-
(July 21, 2009 -Lanka Polity) Sri Lanka's foreign currency reserves have risen to more than $1.7 billion from $1.44 billion at the end... -
An SUV vehicle that crashed into Nanda motors building in Colombo yesterday damaging the building and several vehicles in the showroom had b...