CBSL to issue $ 500 million International Sovereign Bond
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Central Bank of Sri Lanka |
The Central Bank of Sri Lanka (CBSL) on behalf of the Government,
plans to issue an International Sovereign Bond amounting to US Dollar
500 million in international markets in October 2009. In connection with
the above, the Central Bank of Sri Lanka (CBSL) has invited selected
leading international banks/Investment houses to submit their proposals
to act as Lead Manager(s)/Bookrunner(s).
In response, seven such banks/Investment houses have submitted
proposals on the issue of the sovereign bond. The proposals are being
evaluated by a steering committee/technical evaluation committee,
comprising senior officials of the CBSL and the Ministry of Finance, to
appoint Lead Manager(s)/Bookrunner(s) by mid September 2009. |
