CB to issue $ 500 m Sovereign Bond

The Central Bank of Sri Lanka, on behalf of the Government, will issue an International Sovereign Bond amounting to US $ 500 million in international markets in October 2009. After evaluation of proposals received from seven international banks/investment houses,

the Government has selected three leading international banks/investment houses - the Hongkong and Shanghai Banking Corporation Limited, JP Morgan and the Royal Bank of Scotland as Joint Lead Managers/Bookrunners/Underwriters for this bond issue.

Bank of Ceylon has been appointed as a Co-manager to work with the three Joint Lead Managers to execute the bond issuance.