After the resolution of the political impasse in December, Sri Lanka this March successfully raised US $ 2.4 billion from international capital markets through US $ 1 billion 5-year and US $ 1.4 billion 10-year issuances.
IMF last week said Sri Lanka could tap international bond markets for funds as soon as the country’s security situation stabilizes.
IMF also said Easter Sunday bombings and the resultant economic slowdown don’t pose a major threat to Sri Lanka’s debt refinancing capacity.
Sri Lanka successfully repaid two large bond issuances fully amounting to US $ 1.5 billion in January and April this year.
The next large international bond repayment is due in October 2020..