BREAKING NEWS  

TATA Memorial Hospital in Mumbai Donates Urgently Required Cancer Medicines to Sri Lanka (/news/political-
current-affairs/item/34290-tata-memorial-hospital-in-mumbai-donates-urgently-required-cancer-medicines-to-sri-
lanka)


July 27, 2022
(https://tamil.news.lk/) (https://sinhala.news.lk/)

(https://www.youtube.com/user/LankaONLINEav)  (https://twitter.com/newsdotlk)

(https://www.facebook.com/newslk)

(/)
 

ECONOMY (/ECONOMY)

CB assures timely repayment of maturing bonds

 November 01, 2018

Share
Tweet
Pin

Screen
Reader
 (/media/k2/items/cache/85ee3a564383ac1c2435ca42d482e245_XL.jpg)

The Central Bank of Sri Lanka yesterday assured the investors that Sri Lanka would meet the maturing
international sovereign bond (ISB) obligations worth of US $ 1.5 in January and April next year, despite the
current political crisis. 

“The ISBs issued in January and April 2014 in United States dollar (USD) 1,000 million and 500 million,
respectively are due to mature in January and April 2019. The government has already made pre-funding
arrangements for meeting the maturing ISB obligations in 2019 through proceeds of divestment of non-
strategic assets and funding through syndicate arrangements,” the Central Bank said in a brief statement.

Sri Lanka’s foreign exchange reserves stood at US $ 6.4 billion as of September 2018, covering about 3.4
months of imports, down from their peak of US $ 9.0 billion in April 2018.

The international rating agency, Moody’s warned this week that Sri Lanka faces greater refinancing risks in
an environment of rising political tensions and tightening financing conditions globally, as Sri Lanka has
smaller buffers to manage repayments.

Fitch Ratings also issued similar warning stating that a prolonged power struggle could heighten Sri
Lanka’s debt refinancing risks.

The Central Bank stressed that Sri Lanka has maintained an unblemished record on servicing of its debt
obligations timely, including the ISBs, since the country’s independence.

Central Bank said with the help of the government, it has initiated the necessary actions to further diversify
international market-based foreign funding sources to jurisdictions outside conventional Eurodollar ISB
issuances.

Last modified on Thursday, 01 November 2018 19:05

Tweet Like 1

Screen
Reader
 « EDB’s Production and Sales SL has potential to be leading wellness
Programme in India tourism destination’ »
(/economy/item/22824-edb-s-production- (/economy/item/22846-sl-has-potential-to-
and-sales-programme-in-india) be-leading-wellness-tourism-destination)

back to top (/economy/item/22838-cb-assures-timely-repayment-of-maturing-bonds#startOfPageId22838)

LATEST NEWS

Navy
volunteers to
clean Crow
Island beach
(/news/political-current-affairs/item/34295-navy-volunteers-to-clean-crow-island-beach)
(/news/political-current-affairs/item/34295-navy-volunteers-to-clean-crow-island-beach)
Jul 27, 2022

(/news/political-current-affairs/item/34294-high-commissioner-moragoda-visits-amul-headquarters-in-
gujarat-discusses-ways-and-means-to-enhance-dairy-sector-cooperation)
High Commissioner Moragoda visits Amul Headquarters in Gujarat; discusses ways and means to
enhance dairy sector cooperation (/news/political-current-affairs/item/34294-high-commissioner-
moragoda-visits-amul-headquarters-in-gujarat-discusses-ways-and-means-to-enhance-dairy-sector-
cooperation)
Screen
Jul 27, 2022
Reader
 Parliament to convene
today (/news/political-
current-affairs/item/34293-
parliament-to-convene-
(/news/political-current-affairs/item/34293-parliament-to-convene-today) today)
Jul 27, 2022

Foreign
Minister Ali
Sabry assumes
duties
(/news/political-current-affairs/item/34292-foreign-minister-ali-sabry-assumes-duties) (/news/political-
current-affairs/item/34292-foreign-minister-ali-sabry-assumes-duties)
Jul 26, 2022

Jordan
donates
essential
medicines
(/news/political-current-affairs/item/34291-jordan-donates-essential-medicines-to-sri-lanka) to Sri
Lanka (/news/political-current-affairs/item/34291-jordan-donates-essential-medicines-to-sri-lanka)
Jul 26, 2022

(/news/political-current-affairs/item/34290-tata-memorial-hospital-in-mumbai-donates-urgently-
required-cancer-medicines-to-sri-lanka)
TATA Memorial Hospital in Mumbai Donates Urgently Required Cancer Medicines to Sri Lanka
(/news/political-current-affairs/item/34290-tata-memorial-hospital-in-mumbai-donates-urgently-
required-cancer-medicines-to-sri-lanka)
Jul 25, 2022

(/news/political-current-affairs/item/34289-defence-secretary-graces-slcg-ship-commissioning-
ceremony-as-chief-guest)
Defence Secretary graces SLCG ship Commissioning Ceremony as Chief Guest (/news/political-current-
affairs/item/34289-defence-secretary-graces-slcg-ship-commissioning-ceremony-as-chief-guest)
Jul 25, 2022

(/news/political-current-affairs/item/34288-several-spells-of-showers-will-occur-in-western-and-north-
western-provinces)
Several spells of showers will occur in Western and North-western provinces. (/news/political-current-
affairs/item/34288-several-spells-of-showers-will-occur-in-western-and-north-western-provinces)
Screen
Reader
Jul 24, 2022

(/news/political-current-affairs/item/34287-expanding-synergies-with-the-philippines-in-the-ict-sector)
Expanding synergies with the Philippines in the ICT sector: (/news/political-current-affairs/item/34287-
expanding-synergies-with-the-philippines-in-the-ict-sector)
Jul 24, 2022

(/news/political-current-affairs/item/34286-defence-secretary-graces-navy-s-passing-out-parade-in-
trincomalee)
Defence Secretary graces Navy’s Passing Out Parade in Trincomalee (/news/political-current-
affairs/item/34286-defence-secretary-graces-navy-s-passing-out-parade-in-trincomalee)
Jul 24, 2022

(/news/political-current-affairs/item/34285-vajira-abeywardena-appointed-to-vacant-mp-seat-unp)
Vajira Abeywardena appointed to vacant MP seat - UNP (/news/political-current-affairs/item/34285-
vajira-abeywardena-appointed-to-vacant-mp-seat-unp)
Jul 23, 2022

(/news/political-current-affairs/item/34284-commander-of-the-navy-extends-best-wishes-to-newly-
appointed-u-s-defence-attache)
Commander of the Navy extends best wishes to newly appointed U.S. Defence Attaché
(/news/political-current-affairs/item/34284-commander-of-the-navy-extends-best-wishes-to-newly-
appointed-u-s-defence-attache)
Jul 23, 2022

The President (http://www.president.gov.lk/)

The Prime Minister (http://www.pmoffice.gov.lk/)

The Parliament (http://www.parliament.lk/)

Screen
The Judiciary (http://www.justiceministry.gov.lk/)
Reader
 Department of Government Informtion (/www.dgi.gov.lk)

Government Gazette (http://documents.gov.lk/)

dgi log front

(http://www.dgi.gov.lk)

recu
(/images/pdf/vacancy/Web_Writer_English.pdf)

electionR2
(http://election.news.lk/)

Desathiya (https://sinhala.dgi.gov.lk/deshathiya)

 (https://www.facebook.com/newslk)
 (https://www.twitter.com/newsdotlk)

 (https://www.youtube.com/LankaONLINEav)

newshead-banner2018-3.png

The Government official news portal is maintains by the New Media Unit of the Department of

Government Information and it was titled "news.lk" and commenced in mid1996 and release to Internet

from March 01st, 1997.

News.lk publishes in three languages – Sinhala, Tamil and English.

 +94 11 366 3040

 editor@news.lk

media-silver-01.png (https://news.lk/contact-us/awards)
Screen
Reader
 Best web Sri Lanka - 2018 (https://news.lk/contact-us/awards)

Media, Sports & Entertainment Category - Silver Award (www.news.lk) (https://news.lk/contact-us/awards)

Copyright © The Official Government News Portal of Sri Lanka 2020 All rights reserved.

Home (/) Sri Lanka (/?Itemid=355) World (/world) Politics (/politics) Sports (/sp) Business (/business)

Entertainment (/ent) Site Map (/site-map)

Screen
Reader