Sri Lanka’s NDB begins bond road show: report

Sept 26, 2013 (LBO) - Sri Lanka's National Development Bank has begun a road show to sell a 250 million US dollar bond in international markets.
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DFCC Bank is also expected to go the market soon.

Bloomberg newswires said investor meetings were being held in Hong Kong, Singapore, and London to starting from this week.

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Barclays, DBS, HSBC and NDB Investment Bank are managing the sale.

The bank is going to the market after state-run National Savings Bank raised 750 million US dollars through at 8.

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875 percent, compared to a little over 6 percent last year.

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