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It has hired Bank of America Corp.
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, Citigroup Inc. and HSBC Holdings to arrange bond investor meetings, Bloomberg news agency has reported.
Bank of Ceylon has earlier said that it was planning a 500 million US dollar bond issue.
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Sri Lanka is considering issuing more sovereign bonds this year and has said a 10-year bond is being considered when its debut 500 million five-year dollar bond matures.
Treasury secretary P B Jayasundera has said the treasury is also looking at issuing a bigger bond worth 750 million or even one billion dollars.
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The debut bond was meant to help the private and banks go for longer maturity funding, he has said.