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[…]The post It’s Time To Untether The Kite! appeared first on Colombo Telegraph.
Interest on several International Sovereign Bonds have been missed.
Global ratings agency S&P Global has slashed its rating on Sri Lankan bonds to ‘D’, representing default, following missed interest and principal payments. The South Asian nation, which had defaulted on a bond payment earlier this year and has $12 billion in overseas debt with private creditors, has been battling the worst financial crisis in […]
Global ratings agency S&P Global on Monday slashed its rating on Sri Lankan bonds to 'D', representing default, following missed interest and principal payments.The post S&P pushes Sri Lankan bonds deeper into junk territory with ‘default’ rating appeared first on ONLANKA News :. Sri Lanka Breaking News Updates - Latest News in Sri Lanka.
"We cannot support Wickremesinghe who operates within the IMF framework."
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