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    Sri Lanka to issue US$ 500 million sovereign bond next year

    October 29, 2014

    Sri Lanka will issue a US$ 500 million international sovereign bond next year to roll over a maturing bond issued in 2009, a top central bank official has told Reuters on Monday.

     

    "There will be a sovereign bond issue next year. There is a bond maturing next year and we have to roll out," Deputy Central Bank Governor Nandalal Weerasinghe has told Reuters at a post-budget forum in Colombo.

     

     

    Sri Lanka issued a US$ 500 million sovereign bond at 5.125% in April and a US$ 1 billion international sovereign bond at 6.00% in January this year.(PRIU/KH)

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