• Last Update 2024-07-07 13:46:00

Sri Lanka to purchase treasury bonds worth USD 500 million

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Sri Lanka will purchase Treasury Bonds worth USD 500 million this year, a senior Treasury official told Times Online.

These bonds would be purchased from Australia and China for a two-year period.

According to the official, this is expected to assist Sri Lanka's dept repayment process and resolve issues concerning the depreciation of the rupee.

(Reporting by Damith Wickramasekara)

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