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Sri Lanka announces $10 bln local bond swap deal ahead of IMF visit

IndiaTimes Tuesday, 12 September 2023
Sri Lanka has accepted offers to exchange $10 billion worth of defaulted local debt for new bonds, as part of its debt restructuring requirements. The exchange, which includes 3.2 trillion rupees of eligible bonds, will help reduce the country's Gross Financing Needs over the next 10 years. The success of the exchange will also contribute to achieving Sri Lanka's debt reduction targets set under the IMF program.
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News video: FULL SHOW Fascist Cartels Bankrupting NATO Govts.; Sri Lanka Govt. killed 250+ in 2019 church bombs

FULL SHOW Fascist Cartels Bankrupting NATO Govts.; Sri Lanka Govt. killed 250+ in 2019 church bombs 19:07

 FULL SHOW Fascist Cartels Deliberately Bankrupting Local and National Governments Sri Lanka Govt carried out 2019 Easter church bombings which killed over 250

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