Sri Lanka 4.0% 2030 (restructured)
USDSovereign bond · Government of Sri Lanka · PREVIEW
01 / Key TermsAS OF CSE · PREVIEW
Yield to Maturity
9.00%
Clean Price
78.50
% OF PAR
Coupon
4.00%
Spread
480 bps
Rating
CCC+
Maturity
15 Mar 2030
3.6Y DURATION
02 / Details
- Issuer
- Government of Sri Lanka
- Instrument type
- Sovereign bond
- Currency
- USD
- Duration
- 3.6 yrs
- Amount outstanding
- USD 1.5 bn
PREVIEW DATA · ILLUSTRATIVE TERMS · NOT INVESTMENT ADVICE
03 / Credit ViewAS OF FAS · 20 JUN 2026
MarketweightTARGET SPREAD 400 bpsTARGET YIELD 8.20%
Restructuring is done; the re-rating is slower
The case
- 01
Post-restructuring the bond trades near 78 on a ~480bps spread, pricing a still-fragile recovery.
- 02
A primary surplus and steady IMF reviews support gradual spread compression from here.
- 03
Total return is carry plus modest pull-to-par — a hold-and-clip story, not a sharp re-rate.
Key risks
- — Reform fatigue or a political cycle that stalls the IMF path.
- — A tourism or FX shock denting the external recovery.
- — Renewed global frontier risk-off.
— GENERATED BY FIRST ASIA SECURITIES · NOT INVESTMENT ADVICE