Sri Lanka Economic and Public Debt Analysis
and with private creditors concentrated in International Sovereign Bonds
Bondholders of Sri Lanka's International Sovereign Bonds have organized themselves around two main creditor committees
ISBS stand for a significant share of PPG FX commercial debt
In % of total commercial FX denominated public debt, excluding ECA-backed debt, as at end-June
2022
Total: USD 19.2bn
32.4%
ISBS international bondholders have formed an ad-hoc
creditor committee
The group comprises close to 100 members and is led
by a steering committee of around 10 members
The group represents more than 55% of ISBS non-
domestic holdings
The group is advised by Rothschild and White & Case
■ISBS
67.6%
Other (FCBUS, SLDBS, ...)
A group of local private banks holding ISBS have
formed a group
The group has holdings in excess of US$ 1 billion across
all series of ISBS
The group comprises 8 local banks and is led by a
steering committee
The group is advised by Baker & Mackenzie
Source: Central Bank of Sri LankaView entire presentation