Sri Lanka dollar bonds tumble on post-election IMF, debt rework woes

SRI

LONDON : Sri Lankan dollar bonds fell sharply on Monday as investors worry an election win by Anura Kumara Dissanayake could see him revisit the terms of the country's International Monetary Fund (IMF) bailout and debt restructuring. Dissanayake, who won the Saturday ballot running for the National People's Power (NPP) alliance, took office as president on Monday, promising change for the island nation, which is emerging from its worst economic crisis in more than seven decades. Shorter-dated

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Sri Lanka dollar bonds tumble on post-election IMF, debt rework woes https://www.channelnewsasia.com/ - 24.09.2024 06:03
Sri Lanka dollar bonds tumble on post-election IMF, debt rework woes https://www.channelnewsasia.com - 24.09.2024 01:48

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Sri Lanka dollar bonds tumble on post-election IMF, debt rework woes https://www.channelnewsasia.com/ - 24.09.2024 06:03
Sri Lanka dollar bonds tumble on post-election IMF, debt rework woes https://www.channelnewsasia.com - 24.09.2024 01:48