Sri Lanka settles USD 500M sovereign bond

Sri Lanka has paid the USD 500 million sovereign bond that matured today (18), Central Bank Governor Ajith Nivard Cabraal said.

Sri Lanka was due to repay two International Sovereign Bonds (ISBs) maturing this year and the first one worth of US $ 500 million falls due today, while the next one worth of US $ 1.0 billion is coming for settlement in July.