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Sri+Lanka+to+issue+US%24+200+million+development+bonds+next+week
Saturday, 04 June 2016 - 14:36
Sri Lanka to issue US$ 200 million development bonds next week
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Sri Lanka Central Bank has announced that it plans to sell US dollars 200 million worth of development bonds to foreign and local investors.

The Public Debt Department of Central Bank will issue US dollars 200 million in Sri Lanka Development Bonds of 1 year, 2 years, 3 years and 5 years tenor.

This will be to eligible investors for subscription at a rate of either US Dollar 6 month LIBOR plus a margin or at a fixed rate to be determined through competitive bidding.

Minimum investment is 10,000 US dollars with additional investments in multiples of 10,000 US dollars.

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