FINANCIAL CHRONICLE – Sri Lanka’s National Development Bank (NDB) has secured approval from the Colombo Stock Exchange to list debentures valued at 16 billion rupees, according to a stock exchange filing. These debentures will carry interest rates of 11.50%, 11.04%, and 11.85%. NDB plans to issue 120 million Tier 2, listed, rated, unsecured, subordinated, redeemable

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