Sri Lanka plots international bond course along rising FX tide
The Sri Lankan government is “seriously considering” a bond issue to global investors that will be denominated in the local currency but is mulling the right timing. The central bank is waiting for the rupee to strengthen further in the hope that the country’s economic fundamentals will be able to drive the currency upwards.
Unlock this article.
The content you are trying to view is exclusive to our subscribers.
To unlock this article:
- ✔ 4,000 annual insights
- ✔ 700+ notes and long-form analyses
- ✔ 4 capital markets databases
- ✔ Daily newsletters across markets and asset classes
- ✔ 2 weekly podcasts
