FINANCIAL CHRONICLE™
Dear Reader,

Registration with the Sri Lanka FINANCIAL CHRONICLE™️ would enable you to enjoy an array of other services such as Member Rankings, User Groups, Own Posts & Profile, Exclusive Research, Live Chat Box etc..

All information contained in this forum is subject to Disclaimer Notice published.


Thank You
FINANCIAL CHRONICLE™️
www.srilankachronicle.com


Join the forum, it's quick and easy

FINANCIAL CHRONICLE™
Dear Reader,

Registration with the Sri Lanka FINANCIAL CHRONICLE™️ would enable you to enjoy an array of other services such as Member Rankings, User Groups, Own Posts & Profile, Exclusive Research, Live Chat Box etc..

All information contained in this forum is subject to Disclaimer Notice published.


Thank You
FINANCIAL CHRONICLE™️
www.srilankachronicle.com
FINANCIAL CHRONICLE™
Would you like to react to this message? Create an account in a few clicks or log in to continue.
FINANCIAL CHRONICLE™

Encyclopedia of Latest news, reviews, discussions and analysis of stock market and investment opportunities in Sri Lanka

LISTED COMPANIES

Submit Post



Poll

Can there be another Covid-19 wave in Sri Lanka?

HSBC Partners Government to rais SL's largest BOND Issuance Vote_lcap68%HSBC Partners Government to rais SL's largest BOND Issuance Vote_rcap 68% [ 178 ]
HSBC Partners Government to rais SL's largest BOND Issuance Vote_lcap18%HSBC Partners Government to rais SL's largest BOND Issuance Vote_rcap 18% [ 47 ]
HSBC Partners Government to rais SL's largest BOND Issuance Vote_lcap13%HSBC Partners Government to rais SL's largest BOND Issuance Vote_rcap 13% [ 35 ]

Total Votes : 260

STOCK MARKET TRAINING
ශ්‍රී ලංකා මූල්‍ය වංශකථාව - සිංහල
Submit Post


CONATCT US


Send your suggestions and comments

* - required fields

Read FINANCIAL CHRONICLE™ Disclaimer



Latest topics

» TILE / LWL / RCL
by Thushara Ayya Today at 5:16 pm

» HSenid IPO
by rukshan1234 Today at 5:14 pm

» LANKA REALTY INVESTMENTS PLC -ASCO
by Thushara Ayya Today at 5:09 pm

» BAIRAHA FARMS PLC (BFL.N0000)
by lion Today at 4:54 pm

» LOLC waiting for LOFC 100+ and CLC 100+
by Surajmp Today at 3:25 pm

» Key Plantation Company Fair Values - KOTA, TPL and KVAL with very High Upside
by Swissinvest Today at 3:13 pm

» Month end impact on LOFC and CLC
by Swissinvest Today at 3:05 pm

» Water For All - CIND
by ErangaDS Today at 2:20 pm

» U.S. inflation is one of the highest in the world
by ResearchMan Today at 2:09 pm

» Oil Plummets
by ResearchMan Today at 2:07 pm

» LOFC Direction
by Winner123 Today at 2:02 pm

» ASPI Trend
by hotstock Today at 12:45 pm

» GEMS at LOW price TYRE. RICH.
by Chathur Today at 11:30 am

» NAMU/WATA super gain
by Kaptivajkss Today at 11:30 am

» KOTAGALA PLANTATION PLC (KOTA.N0000)
by jehan008 Yesterday at 11:36 pm

» HEMAS HOLDINGS PLC (HHL.N0000)
by LAMDA Yesterday at 11:35 pm

» CFLB hidden gem
by LAMDA Yesterday at 11:34 pm

» Hidden Gem - GLAS - 40/- Soon
by LAMDA Yesterday at 11:29 pm

» SOFTLOGIC HOLDINGS PLC (SHL.N0000)
by Kaptivajkss Yesterday at 3:53 pm

» ASCO get ready for run
by SAGA Yesterday at 3:27 pm

EXPERT CHRONICLE™

MARKET CHAT


CHRONICLE™ ANALYTICS


ECONOMIC CHRONICLE

GROSS DOMESTIC PRODUCT (GDP)


CHRONICLE™ YouTube

LATEST TWEETS

You are not connected. Please login or register

FINANCIAL CHRONICLE™ » DAILY CHRONICLE™ » HSBC Partners Government to rais SL's largest BOND Issuance

HSBC Partners Government to rais SL's largest BOND Issuance

Go down  Message [Page 1 of 1]

peacockman


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics

HSBC Partners Government to rais SL's largest BOND Issuance

HSBC advised the Central Bank of Sri Lanka (CBSL) on behalf of the Sri Lankan Government to complete a $ 1.5 billion, 10-year international sovereign bond issuance. 
The transaction, which was priced at a yield of 6.85% per annum, marks the second 10-year sovereign bond issue in the international capital markets in 2015 and Sri Lanka’s ninth overall and largest ever bond offering. The final order books stood at $ 3.3 billion, an oversubscription of 2.2 times.

2HSBC Sri Lanka and Maldives CEO Patrick Gallagher said: “HSBC is delighted to once again have supported the Central Bank of Sri Lanka in issuing the second 10-year sovereign bond having partnered the Government of Sri Lanka on all of its sovereign bond issuances since 2007. HSBC continues to be a dominant force in the debt capital markets in Asia and this transaction further stands testament to the ability we have in closing large capital markets transactions and manifests our strong and continued commitment to the country.”
Fitch Ratings, Moody’s Investors Service and Standard and Poor’s had rated the Issue at ‘BB-’, ‘B1’ and ‘B+’ respectively. The strong order book from investors across Asia, Europe and the US meant Sri Lanka was able to price the issue at 6.85% after initially launching the trade at a price guidance 7% area. This tighter yield reflects the continued confidence that the international investors have placed in the sovereign bond issuance of Sri Lanka. 
HSBC Sri Lanka Head of Financial Institutions Group and Public Sector Shamindra Marcelline: said “This landmark transaction is the sovereign’s largest-ever bond offering and clearly marks another significant achievement by the sovereign, especially given the global headwinds in the financial markets and it clearly reiterates the confidence placed by the international investor community in the country’s strong credit story.”



30 October, 2015 09:02 AMSource: Financial Times - Sri Lanka

Back to top  Message [Page 1 of 1]

Permissions in this forum:
You cannot reply to topics in this forum