Investor Presentaiton
USD Mn
2.2 Bunching Issue
High Refinance Risk due to annual, monthly and daily bunching both in domestic and foreign
debt service payments during short to medium-term.
•
•
Domestic debt: Treasury bonds, Treasury bills and Sri Lanka Development Bonds
(SLDBs, USD denominated)
Foreign debt: ISBs, other commercial and foreign loans
Bunching Issues: T-bonds
•
Annual bunching 2018-2019
·
6 days of debt service payments over USD 700 mn (Rs. 110 bn) during 2018
7,000
6,000
5,000
4,000
3,000
2,000
1,000
Chart 10
Servicing of T-bonds 2018 - 2026 (USD Mn)
2018 2019 2020 2021 2022 2023 2024 2025 2026 2027
Year
Principal Interest
USD Mn
1,000
900
800
700
600
500
400
300
200
100
Chart 11
Servicing of T-bonds 2018 (USD Mn)
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
2018
Principal Interest
DEBT MANAGEMENT AND SUSTAINABILITY
STRENGTHENING LIABILITY MANAGEMENT - SRI LANKAN PERSPECTIVE
සංකා
ශ්රී ලංකා මහ බැංකුව
இலங்கை மத்திய வங்கி
CENTRAL BANK OF SRI LANKA
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