Sri Lanka sells billion dollar bond to yield 5.875-pct
― Source: Lanka Business Online ∙ ( July 18, 2012, Colombo, Sri Lanka Guardian) Sri Lanka has sold a 10-year bond to yield 5.875 percent sharply lower than the 6.25 percent paid last year for a bond of similar size and tenor, though risk premiums had widened. ∙ According to data on Bloomberg newswires the fixed rate bond has a settlement date of July 25 and will pay interest semi-annually. ∙ The 10-year US Treasuries now yield about 1.53 percent indicating Sri Lanka had a [...].
