Sri Lanka seeks to raise US$ 1 billion through a FTFF in 2018 to finance budgetary expenses

Mar 27, Colombo: The Government of Sri Lanka intends to raise a Foreign Currency Term Financing Facility (FTFF) denominated in US Dollars or Japanese Yen or Euro or their combinations up to 1,000 million dollars or its equivalent in 2018. The FTFF is expected to be raised at a fixed rate or a floating …

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