Sri Lanka’s central bank said it will start using a single benchmark interest rate to manage monetary policy, starting from its next update on Wednesday, replacing its current system of two rates.

The Cabinet of Ministers has approved the proposal for the restructuring of international sovereign bonds by way of swapping ...

Sri Lanka has announced the official launch of the exchange of its outstanding International Sovereign Bonds (ISBs) totaling ...

Washington, DC: Kristalina Georgieva, Managing Director of the International Monetary Fund (IMF), issued the following statement about Sri Lanka to Members of the Financial Community today: ...

Kristalina Georgieva, Managing Director of the International Monetary Fund (IMF), issued the following statement about Sri Lanka to ...

Sri Lanka yesterday reached a significant milestone in its debt restructuring agenda with the official launch of the exchange ...

The Local Consortium of Sri Lanka (LCSL), comprising domestic commercial banks and financial institutions, announced on Monday its full support for the government’s US$ 12.55 billion International ...

Sri Lanka said Tuesday it would honour a deal secured by its predecessor to restructure $12.55 billion in international sovereign bonds, a key condition to maintain an IMF bailout loan.

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The Local Consortium of Sri Lanka (the “LCSL”), comprised of domestic commercial banks and financial institutions, commits ...

The Democratic Socialist Republic of Sri Lanka (“Sri Lanka”) is pleased to announce the official launch of the exchange (the ...

The Steering Committee of the Ad Hoc Group of Sri Lanka Bondholders (the “Ad Hoc Group” or the “Steering Committee”) is ...