Foreigners pulled out over Rs.12.8 Bn from Government Securities in a week

August, 26, 2019

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.12.8 billion during the period from 13 August to 21 August 2019.

The value of Government Securities held by foreigners had fallen from Rs.136, 468 million to Rs. 123,593 million during the period from 13 August to 21 August 2019.

According to the external sector performance report issued by the Central Bank of Sri Lanka in June 2019, foreign investments in the government securities market recorded a net outflow of US $5 million.

On a cumulative basis, net outflows in the government securities market amounted to US dollars 96 million during the first half of the year.

Moreover,foreign investments in the CSE, including primary and secondary market transactions, recorded a net inflow of US dollars 10 million during the month of June 2019.

On a cumulative basis, the CSE recorded a net outflow of US dollars 10 million in the first half of 2019, including primary and secondary market transactions.

Further, long term loans to the government recorded a net outflow of US dollars 99 million during June 2019.