Macro Analysis /

Sri Lanka: Macro Roundup - July 2021

  • Government meets USD 1.0bn ISB repayment; we assign zero default probability for the Jan 2022 maturity

  • Mobility picks up in July; leading indicators signal encouraging 3Q outlook

  • Moody’s placed SL credit rating under review; we see low probability of a downward adjustment in the near-term

Lakshini Fernando
Asia Securities
30 July 2021
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