NSB acquires U.S.$750 million from the sale...

The National Savings Bank has acquired a sum of 750 million U.S. Dollars from the sale of bonds to the international financial market.

The Central Bank notes that the ability to obtain money amidst challenges in the international market, confirms the trust placed by foreign investors on banks in the country.

The bond attracted a 2.3 billion US Dollar order book that allowed the issuer to increase it to 750 million dollars from the earlier 500 million dollars.

The five-year bond from the National Savings Bank was priced to yield 8.87 percent.