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Sri Lanka sovereign bond pricing narrowed

Apr 07, 2014 (LBO) - Price guidance on a 500 million US dollar 5-year bond being sold by Sri Lanka has narrowed to around 5.
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25 percent, a report said. The bond is expected to close later today, after US markets open.
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The sale is managed by Citigroup, HSBC and Standard Chartered. The bond was launched earlier Monday with a tentative price of 5.

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5 percent, with a 5-year security sold in January at 6.
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0 percent trading below 5.0 percent in the secondary market.


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Price guidance has since been narrowed to 5.125 - 5.25 percent levels, Bloomberg Newswires reported, quoting a person familiar with the matter.



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