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Sri+Lanka+sells+US%24239.4mn+3-year+bonds
Tuesday, 24 June 2014 - 12:48
Sri Lanka sells US$239.4mn 3-year bonds
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Sri Lanka has sold 239.5 million US dollars in 3-year bonds to at price of 375 basis points above the 6-month London interbank offered rate.

The market was offered 50 million US dollars of so-called Sri Lanka Development Bonds.

The bonds are sold to domestic banks and investors who are allowed have dollar assets.
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