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Tuesday, October 28, 2014 - 5.06 GMT
Sri Lanka to issue US$ 500 million sovereign bond next year


Sri Lanka will issue a US$ 500 million international sovereign bond next year to roll over a maturing bond issued in 2009, a top central bank official told Reuters on Monday.

"There will be a sovereign bond issue next year. There is a bond maturing next year and we have to roll out," deputy Central Bank governor Nandalal Weerasinghe told Reuters at a post-budget forum in Colombo.

Sri Lanka issued a US$ 500 million sovereign bond at 5.125% in April and a US$ 1 billion international sovereign bond at 6.00% in January this year.





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Last modified: October 28, 2014.

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