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Breaking News: Govt. rumoured to have hired HSBC for bond investor roadshow

Bermuda Government has hired HSBC Holdings plc. to arrange a series of bond investor meetings in Asia, Europe, the US and on the Island, according to a person close to the sale.

Bloomberg News has reported that the person said the so-called non-deal roadshow will start on Monday.

Governments sell bonds as a way of borrowing money. Government’s debt has skyrocketed over the past two years, to approximately $850 million.

For full story see the Business section in Monday’s Royal Gazette.