Bond Yields

Sri Lanka Bond Yields Rise Ahead of Auction; ADB Approves $100 Million Loan

  • September 12, 2024

Sri Lanka’s bond yields increased ahead of a 300 billion rupee auction, with dealers noting a rise in yields for bonds maturing in 2028. In the secondary market, bonds maturing on February 15, 2028, were quoted at 13.30/50%, up from 13.15/40% the previous day. Similarly, bonds maturing on July 1, 2028, rose to 13.70/85% from

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Economics

Sri Lanka Secures $100 Million from ADB for Power Reforms

  • July 2, 2024

Sri Lanka’s cabinet of ministers has approved borrowing 100 million US dollars from the Asian Development Bank, according to a statement from the state information office. This loan is the first installment of a 300 million dollar program. Sri Lanka recently passed an Electricity Law, which is tied to budget support loans. These budget support

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