CBSL says funds allocated for US $ 500m ISB maturing on Jan 18.

The Central Bank (CBSL) announced that Sri Lanka will meet its commitment for the International Sovereign Bond (ISB) that is maturing in the coming weeks as the necessary allocations have been made.

CBSL Governor Ajith Nivard Cabaal shared that the Central Bank has allocated the required foreign currency for the US$ 500 million ISB which is maturing on 18 January.

In a Twitter message, Cabraal went on to point out that “it’s a shame” that some investors lost out due to “organized negative stories spread by certain vested interests”.