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Archive for August, 2010|Monthly archive page

Sri Lanka To Issue an International Sovereign Bond amounting to US$ 1,000 million.

In CENTRAL BANK OF SRI LANKA, development, Economy, magerata, Sri Lankan Rupee on August 5, 2010 at 11:29 pm

Sri Lanka International Sovereign Bond Issue of US$ 1,000 million in 2010

The Central Bank of Sri Lanka (CBSL), on behalf of the Government, plans to issue an International Sovereign Bond amounting to US Dollar 1,000 million around September 2010. For this purpose, the CBSL has invited leading international banks/investment houses to submit their proposals to act as Lead Manager(s)/Bookrunner(s).

This International Sovereign Bond issue would be within the annual borrowing limit approved by the Parliament for 2010. The proceeds from this Sovereign Bond issue would be utilized for infrastructure development activities carried out by the government and to restructure the existing government debt portfolio by retiring high cost domestic debt and short term foreign currency denominated debt.

I have converted the original DOCument to PDF format for people do not want to download or not capable of reading Microsoft DOC format.

Sri Lanka International Sovereign Bond Issue