Sri Lanka considers new bonds linked to GDP and governance

Restructuring debt could link repayments to anti-corruption reforms

Sri Lanka Central Bank HQ building

Debt-stricken Sri Lanka is in talks with its international bondholders to restructure its debt to link it to its economic performance and potentially also to anti-corruption reforms.

Creditors have proposed a new bond of $9 billion, with payments adjusted based on the performance of Sri Lanka’s GDP in 2028.   

Sri Lanka held talks with a group of its bondholders in London in late March, and said it is looking to “reach common ground in the next few weeks” on April 16.

The GLBs, if accepted, would

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact or view our subscription options here:

You are currently unable to copy this content. Please contact to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

Register for Central Banking

All fields are mandatory unless otherwise highlighted

This address will be used to create your account

Most read articles loading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account