Chatter about that Sri Lanka is on the brink of a sovereign bond defaultSri Lanka is expected to restructure its debt and call on the IMF for assistance as its financial crisis worsens.Media sources:Sri Lanka owes $15bn in bonds, mostly dollar denominatedtotal $45bn long-term debtneeds to pay about $7bn this year in interest and debt repayments but its foreign reserves
Source: Chatter about that Sri Lanka is on the brink of a sovereign bond default (https://www.forexlive.com/news/chatter-about-that-sri-lanka-is-on-the-brink-of-a-sovereign-bond-default-20220208/)
forexlive.com