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Featured Insight
The EPF is the Single Largest Holder of Government Treasury Bonds
On June 28, 2023, the Sri Lankan government unveiled its Domestic Debt Restructuring plan. A key component of this plan is the restructuring of bond holdings associated with superannuation funds, which are funds set up for retirement benefits. The infographic below illustrates that the Employees Provident Fund (EPF), the country's largest superannuation fund, was also the predominant holder of bonds at the end of 2022.
Featured Insight
The EPF is the Single Largest Holder of Government Treasury Bonds
On June 28, 2023, the Sri Lankan government unveiled its Domestic Debt Restructuring plan. A key component of this plan is the restructuring of bond holdings associated with superannuation funds, which are funds set up for retirement benefits. The infographic below illustrates that the Employees Provident Fund (EPF), the country's largest superannuation fund, was also the predominant holder of bonds at the end of 2022.
Featured Insight
The EPF is the Single Largest Holder of Government Treasury Bonds
On June 28, 2023, the Sri Lankan government unveiled its Domestic Debt Restructuring plan. A key component of this plan is the restructuring of bond holdings associated with superannuation funds, which are funds set up for retirement benefits. The infographic below illustrates that the Employees Provident Fund (EPF), the country's largest superannuation fund, was also the predominant holder of bonds at the end of 2022.
Featured Insight
The EPF is the Single Largest Holder of Government Treasury Bonds
On June 28, 2023, the Sri Lankan government unveiled its Domestic Debt Restructuring plan. A key component of this plan is the restructuring of bond holdings associated with superannuation funds, which are funds set up for retirement benefits. The infographic below illustrates that the Employees Provident Fund (EPF), the country's largest superannuation fund, was also the predominant holder of bonds at the end of 2022.
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SriLankan loses Rs. 12.9 b in Q1
SriLankan Airlines recorded a Rs. 12.9 billion net loss in Q1 FY25, driven by cash flow challenges, legacy issues, and financial costs from past debt. ...
2024-11-05
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CBSL predicts positive economic growth this year
Sri Lanka is expected to record positive annual economic growth in 2024 for the first time since the economic crisis. ...
2024-06-25
The Island
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Sri Lanka to begin second round of talks with ISB holders: report
Sri Lanka is planning a second round of talks with sovereign bondholders to restructure $12.5 billion in bonds and $1.7 billion in past due interest, using novel macro-linked and plain vanilla bonds, amid expectations of a...
2024-06-25
Economy Next
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Optimism grows for SL’s bankruptcy exit
Sri Lanka is hopeful about shedding its 'bankrupt nation' label soon, with key meetings scheduled this week with creditor nations (Paris Club, India, and China's Exim Bank) to finalize debt restructuring....
2024-06-24
Daily Mirror
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IMF has now become part of SL’s problem than solution: Dr. Nishan de Mel
Verité Research's Executive Director critiques the proposed Imputed Rental Income Tax and other tax measures under the IMF program, alleging the IMF has not publicly disclosed Technical Assistance reports that ju...
2024-06-20
Daily FT
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