Sri Lanka to sell 10-year sovereign bond around 6.375-pct: report

COLOMBO (EconomyNext) – Sri Lanka is offering a 10-year sovereign dollar bond to be priced around 6.375 percent, a media report said.

Bloomberg Newswires citing un-named sources said the issue may be priced today.

Citi, Deutsche Bank, HSBC and Standard Chartered are issue managers.

There was also strong foreign buying in Sri Lanka domestic rupee bond markets, dealers said.

Sri Lanka raised 5-year bonds at 6.0 percent in and 5.125 percent in 2014. Ten year bonds were last sold in 2012.




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