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US+investors+buy+62-pct+of+Sri+Lanka+sovereign+bonds
Tuesday, 07 January 2014 - 12:59
US investors buy 62-pct of Sri Lanka sovereign bonds
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US based investors have bought 62 percent of a billion US dollar sovereign bond sold by Sri Lanka.

Bloomberg newswires citing an un-named source, European investors took up 26 percent and Asians 12 percent, of the bond, which paid 6.0 percent.

About 89 percent were bought by fund managers, 8 percent banks and 2 percent private banks.

Sources close to the deal said 3.2 billion worth of bids had come in.
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