News Sri Lanka Debt: People’s Bank achieves milestone with Sri Lanka’s largest Rs. 25 b debenture issue
People’s Bank has reached a significant milestone with the successful completion of Sri Lanka’s largest debenture issue, mobilising Rs. 25 billion through a Basel III compliant, Tier 2, Unlisted, Rated, Unsecured, Subordinated, and Redeemable Debenture. ..
News Sri Lanka Debt: Future leadership in Sri Lanka may cancel all corrupt Chinese projects, says Dr Wijaydasa Rajapakshe
Dr Wijaydasa Rajapakshe, counsel to the President and MP has warned the Chinese President Xi Jinping that a future leadership in Sri Lanka could cancel all corrupt Chinese projects and deals. In his ...
News Sri Lanka Debt: Sri Lanka not on verge of sovereign default, says central bank
Sri Lanka's central bank said on Wednesday the country was committed to honouring all forthcoming debt obligations, adding that the island nation was not on the verge of a sovereign default. Sri ...
News Sri Lanka Debt: Sri Lanka is on the Brink of Default, Say Analysts
What happens when a country's foreign currency debt repayments go way up, and its foreign currency reserves go way down? Unfortunately, ...
