Foreign investors pour over US$25mn into Sri Lankan rupee bonds

Foreign investors have demonstrated continued interest in Sri Lankan government rupee bonds, purchasing over US$25 million worth of securities during the latest trading week. The fresh investment surge has pushed cumulative foreign buying in government securities to 81.2 billion rupees, equivalent to approximately US$246.3 million, over the past ten-week period. The sustained foreign participation in the domestic debt market signals growing confidence in Sri Lanka's fiscal stability and rupee-denominated assets. The steady flow of foreign capital into government securities comes as the island nation continues efforts to stabilize its economy and strengthen its external position. The uptick in foreign investor activity in the local debt market may provide additional breathing room for the government's financing needs and help support currency stability.