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Sri Lanka announces launch of ISB exchange after Cabinet approval
26 Nov 2024 (7:01 PM) Ad Hoc Bondholders announces support for Sri Lanka s debt restructuring terms
26 Nov 2024 (7:13 PM) Ad Hoc Bondholders announces support for Sri Lanka s debt restructuring terms
26 Nov 2024 (7:13 PM) Sri Lanka s Central Bank implements a single policy rate mechanism
26 Nov 2024 (11:38 PM) Sri Lanka s new President needs to address longstanding abuses, impunity - Human Rights Watch
26 Nov 2024 (7:27 PM) New Mahanayake Thero of Amarapura Chapter appointed
26 Nov 2024 (6:24 PM) |
Sri Lanka has announced the official launch of the exchange of its outstanding International Sovereign Bonds (ISBs) totaling approximately USD 12.55 billion, as of 25 November 2024. 
The Steering Committee of the Ad Hoc Group of Sri Lanka Bondholders has announced its support for the restructuring terms of all 11 series of Sri Lanka s c.$12.55 billion in outstanding sovereign bonds, as detailed in Sri Lanka s Exchange Offer and Consent Solicitation Memorandum published today. 
The Monetary Policy Board of the Central Bank of Sri Lanka (CBSL) has decided to implement a single policy interest rate mechanism, the Overnight Policy Rate (OPR), transitioning from its dual policy interest rate mechanism with effect from today (27 November). 
Sri Lanka s new president, Anura Kumara Dissanayake, should address the country s many human rights problems by fulfilling and building upon pledges he made in recent election campaigns, Human Rights Watch has said in a letter to the president. 
Most Venerable Karagoda Uyangoda Maithri Murthi Thero has been appointed the Mahanayake Thero of the Amarapura Chapter.
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