Daily Mirror (Sri Lanka)

To raise...

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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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