Economics

World Bank Pledges Continued Support to Sri Lanka Under President Anura Dissanayake

  • September 27, 2024

The World Bank Group has reaffirmed its commitment to support Sri Lanka in a letter addressed to the newly elected President, Anura Dissanayake. The letter, signed by senior regional officers overseeing the country, emphasized the institution’s readiness to assist the new administration in its efforts to drive economic recovery. The World Bank has been providing

Read More
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

Read More