Tuesday July 16, 2019

Sri Lanka plans US$250mn Panda bond in China in 2018

Aug 03, 2018 12:24 PM GMT+0530 | 0 Comment(s)

ECONOMYNEXT - Sri Lanka is planning a 250 million US dollar equivalent Panda (Yuan denominated) bond in China in 2018, Central Bank Governor Indrajit Coomaraswamy said.

Sri Lanka had already gone on a non-deal road show and seen interest among bank and insurers he said.

The People's Bank of China had set up a task force to help Sri Lanka raise a Panda bond, he said.

Sri Lanka has is also raising another 1.0 billion from a syndicated loan from China Development Bank. (Colombo/Aug03/2018)


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