ECONOMYNEXT - Sri Lanka has launched a 10-year benchmark issue sovereign bond (minimum 500 million US dollars) with a price guidance of 7.00 percent, a media report said.
According to Bloomberg Newswires data, a 10-year bond issued earlier this year at 6.125 percent was quoted around 6.5/6 percent, in the secondary market.
Citi, DB, HSBC and Standard Chartered Bank is marketing the bond.
Standard and Poor's has given a B+ rating for a sovereign bond of up to a billion US dollars.
According to Bloomberg Newswires data, a 10-year bond issued earlier this year at 6.125 percent was quoted around 6.5/6 percent, in the secondary market.
Citi, DB, HSBC and Standard Chartered Bank is marketing the bond.
Standard and Poor's has given a B+ rating for a sovereign bond of up to a billion US dollars.
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