Foreigners pulled out over Rs.11.4 Bn from Government Securities in a week

Release time:2020-02-29 Publisher:Lanka Voice

The latest data from the Central Bank of Sri Lanka points out that Foreigners had gradually exited from Sri Lanka’s Government Securities (Treasury Bills and Treasury Bonds) and pulled out over Rs. 11.4 billion in a week, during the period from 19th February to 26th February 2020.

The value of Government Securities held by foreigners had fallen from Rs.102, 664 million to Rs. 91,240 million during the period from 19th February to 26th February 2020.

However, The Central Bank of Sri Lanka in its latest monetary policy review noted that renewed foreign interest on the rupee-denominated Government securities market has resulted in a net inflow during the year thus far, although the Colombo Stock Exchange witnessed a marginal net outflow of foreign investment from the secondary market during this period.

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