Sri Lanka digs into reserves to repay maturing sovereign bond worth $1bn

Colombo (News1st) – Sources from both the central bank and finance ministry said on Friday that Sri Lanka has arranged 1 billion US Dollars to repay a five-year sovereign bond maturing this week partly from its declining reserves. The ministry of finance has taken steps to repay, one billion US dollars, for a maturing Eurobond, […]

Sri Lanka digs into reserves to repay maturing sovereign bond worth $1bn