COLOMBO, Feb 19 Sri Lanka has raised its
borrowing limit for dollar-denominated bonds to $3 billion and
chosen seven lead managers to tap the international market as
soon as possible, three government sources said on Tuesday.
COLOMBO, Feb 18 Sri Lanka will bring forward a
plan to raise $2 billion through the bond market after a delay
in a pledged loan from Bank of China, sources close
to the deal said on Monday.
COLOMBO Sri Lanka began advertising for hangmen this week, as the country's president pushes ahead with a hardline policy, modeled on the Philippines, to combat drug trafficking.
COLOMBO A $300 million loan offered by Bank of China to Sri Lanka is facing delays, government officials familiar with the negotiation told Reuters.
COLOMBO, Feb 6 A $300 million loan offered by
Bank of China to Sri Lanka is facing delays,
government officials familiar with the negotiation told Reuters.
COLOMBO Sri Lanka will receive a loan of $1 billion from Bank of China before the end of the January-March quarter, the chief of the central bank said on Thursday, to help the country meet repayments in the coming months.
COLOMBO Sri Lanka is considering an offer from Bank of China for a loan of $300 million (£234.7 million), which could be raised to $1 billion, to help it meet repayments in coming months, junior finance minister Eran Wickramaratne told Reuters on Tuesday.
COLOMBO, Jan 15 Sri Lanka is considering an
offer from Bank of China for a loan of $300 million,
which could be raised to $1 billion, to help it meet repayments
during coming months, two sources in Colombo with knowledge of
the offer told Reuters on Tuesday.
COLOMBO Bank of China , the country's fourth-biggest lender by assets, has offered a loan of $300 million to Sri Lanka which can be raised to $1 billion, a source in Colombo with direct knowledge of the matter, told Reuters on Tuesday.
COLOMBO, Jan 10 Sri Lanka has arranged $1
billion to repay a five-year sovereign bond maturing next week
partly from its declining reserves, sources from both the
central bank and finance ministry said on Friday.