The background to the International Sovereign Bond (ISB) settlement of USD 500 million on January 18, 2022
P.H.O. Chandrawansa, Former Controller of Exchange The International Sovereign Bond settlement of USD 500 million on January 18, 2022, was routine and Parliament-approved budgeted debt repayment out of a total of approximately USD 7,100 million forex debt-servicing payments and Rs.3,000 billion local debt-servicing payments that were maturing in 2022. According to published information, that amount […]