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“Over the next 6 months, we have to pay 1 billion USD in ISB, 980 million USD in Development bonds, USD 482 million in interest payments and so on,” he pointed out.
Meanwhile, Sri Lanka’s government bonds tumbled 40 percent below their face value signifying rising default fears, according to Nasdaq.
The Nasdaq Stock Market is a stock exchange based in New York where it is ranked second on the list of stock exchanges by market capitalization of shares traded, behind the New York Stock Exchange.