Sri Lanka comes of age with record $1.5bn bond

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Sri Lanka comes of age with record $1.5bn bond

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Saman Weeratunga/saman527 - Fotolia

The Democratic Socialist Republic of Sri Lanka has tapped the dollar bond market for the second time this year with a $1.5bn transaction. Even though the sovereign had to pay up more than in its May outing, it ended up executing its largest ever bond.

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