The Central Bank (CB), acting on behalf of the Government, said on Thursday it planned to issue an International Sovereign Bond worth $500 million in international markets next month.
In this connection the CB said it 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,” the CB statement added. |
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