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Sri Lanka's central bank on Thursday unveiled its domestic debt restructuring plan, envisaging a 30 percent haircut on dollar-denominated bonds, including international sovereign bonds.
Sri Lanka's central bank on Thursday unveiled its domestic debt restructuring plan, envisaging a 30 percent haircut on dollar-denominated bonds, including international sovereign bonds. The treatment of dollar-denominated Sri Lanka Development Bonds (SLDB) will be "comparable to external creditors", the bank said in a statement.
COLOMBO: Sri Lanka’s central bank on Thursday unveiled a far-reaching domestic debt restructuring plan aimed at...
Sri Lanka's central bank unveiled a far-reaching debt restructuring plan on Thursday aimed at restoring stability after an unprecedented economic crisis last year that led to the toppling of then-president Gotabaya Rajapaksa.The bank said Thursday it was offering a 30 percent reduction on dollar-denominated bonds, including the international sovereign bonds (ISB) that make up more than a quarter of Sri Lanka's total foreign debt.
COLOMBO: Sri Lanka's central bank on Thursday unveiled a far-reaching domestic debt restructuring plan aimed at restoring stability after an economic and political crisis last year that led to the toppling of then-president Gotabaya Rajapaksa.