Sri Lanka raises $2.4 billion from dollar bond sale – sources
Posted by Editor on March 8, 2019 - 7:34 am
Sri Lanka sold $2.4 billion in five-year and 10-year U.S. dollar-denominated bonds on Friday, two people involved in the deal said, successfully tapping the international markets at a time the country is facing strains on its finances.
Sri Lanka sold $1 billion in five-year bonds with a coupon of 6.85 percent and $1.4 billion in 10-year bonds with a coupon of 7.85 percent, the sources said.
(Reuters)
Latest Headlines in Sri Lanka
- Sri Lanka government proposes personal income tax relief September 13, 2024
- Sri Lanka to lift all vehicle import restrictions by February 2025 September 13, 2024
- Sri Lanka records Rs. 1.2 trillion in tax revenue for 2024’s first eight months September 13, 2024
- Official polling card distribution in Sri Lanka to be completed by September 14 September 13, 2024
- Italian father and son fined $200,000 for smuggling endemic insects from Sri Lanka September 13, 2024
