The Democratic Socialist Republic of Sri Lanka is expected to return to the international bond markets after Easter in what is shaping up to be a busy year for the sovereign.
Its first deal will be of benchmark size and as such will provide a key test of global investor appetite for emerging market debt amid sharper increases in US rates. But it is unlikely to be the country’s last foray into the market during 2018.
As central bank governor Dr Indrajit Coomaraswamy explains in an interview with FinanceAsia, Sri Lanka is also drawing up plans to launch a liability management exercise...
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