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Sri Lanka NSB's $1 bln global bond likely to be sold by end June-Treasury

Fri, 07th Jun 2013 08:32

COLOMBO, June 7 (Reuters) - Sri Lanka's state-owned NationalSavings Bank (NSB) is likely to sell up to $1 billion of globalbonds by the end of this month, Deputy Treasury Secretary S.R.Attygalle told Reuters on Friday.

"We are likely to go (to the market) by end June or firstweek of July," Attygalle said.

"We (Treasury) have given the clearance. Our maximum limitis $1 billion. We will see the rate and decide it. We will notgo beyond $1 billion."

Attygalle did not specify the tenure of the bond.

In March, sources told Reuters HSBC, Citibank NA and Barclays will be the lead managers for theNSB's international bond sale of up to $1 billion.

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