April 7, 2014 (LBO) - Sri Lanka has begun selling a 500 million US dollar sovereign bond in international markets, a media report said.
Bloomberg newswires said price guidance for the 5-year bond has been set at around 5.5 percent.
Sri Lanka sold a 5-year one billion dollar bond at 6.0 percent in January but its yield has come down in secondary trading since then.
Citigroup, HSBC and Standard Chartered are managing the issue.
Bloomberg newswires said price guidance for the 5-year bond has been set at around 5.5 percent.
Sri Lanka sold a 5-year one billion dollar bond at 6.0 percent in January but its yield has come down in secondary trading since then.
Citigroup, HSBC and Standard Chartered are managing the issue.
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