Presidential election triggers Sri Lankan bond move

By Morgan Davis
18 Nov 2019

Sri Lanka's sovereign bonds traded wider on Monday morning following the country's presidential election that saw Gotabaya Rajapaksa win with a larger-than-expected majority.

Rajapaksa, the South Asian country's former defence secretary and brother to a previous president, won the election with just more than 52% of the vote. 

The weekend election was a close one, as the country was largely divided on ethnic lines. Rajapaksa was popular with Sinhalese voters, which make ...

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