manusath-derana

Rs. 4,279 million foreign inflow from Government Securities in a week

December, 2, 2019

The latest data of the Central Bank of Sri Lanka (CBSL) points out that the government securities held by foreign investors in Sri Lanka (Treasury Bills and Treasury Bonds) had gradually increased recording an inflow of Rs.4, 279 million in a week, during the period from 20 November 2019 to 27 November 2019.

The value of Government Securities held by foreigners grew from Rs. 116,528 million to Rs. 120,807 million during the period.

However, the Central Bank of Sri Lanka noted, although the rupee denominated Government securities market experienced foreign inflows in recent weeks, but has recorded a cumulative net outflow thus far during the year.

“Although there were net outflows from the stock market, market indices responded positively to political developments in recent weeks,” the Central Bank said.

The Monetary Board of Central Bank of Sri Lanka decided to reduce the threshold of foreign investments in Treasury Bills and Treasury Bonds from 10% to 5% out of the total outstanding stock of Treasury Bills and Treasury Bonds with effect from 18 January 2019.