Sri Lanka offers US$100mn in 1 and 3-year dollar bonds

COLOMBO (EconomyNext) – Sri Lanka has offered 100 million dollars in 1 year 1 month and 2 years 11 month bonds with bids to close on May 28.

The Sri Lanka Development Bonds styled offer will pay a coupon based on the six-month London Interbank Offered Rate.

The bonds can be bought foreign investors and qualified domestic resident companies and banks.

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