Sri Lanka 5-year sovereign bond sale opens: report

Jan 06, 2014 (LBO) – Sri Lanka has started selling a 5-year sovereign bond with price guidance set around 6.25 percent, a media report said. Bloomberg newswires said Citigroup, HSBC Standard Chartered and UBS were managing the sale.

Sri Lanka is rated B1 by Moody’s B+ by S&P) and BB- by Fitch.