To raise...

Daily Mirror (Sri Lanka) - - EMPOWERMEN­T/LEADERSHIP -

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..

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