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Sri Lanka seeks lead managers for 2017 sovereign bond

ECONOMYENXT – Sri Lanka has requested proposals from banks and investment house to manage a sovereign bond of up to 1.5 billion US dollars this year.

The central bank said banks that apply should have sold at least 20 billion US dollars of emerging market debt in 2016 to qualify.

Citigroup, HSBC, Standard Chartered and Deutsche Bank have acted as joint lead managers in recent bond sales.

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