Sri Lanka’s FDI opportunity
The island country needs to translate the success of attracting commercial debt into higher FDI inflows
Sri Lanka has made a swift transition from concessional debt funding to commercial borrowing over the last decade. Since 2007, Sri Lanka has had 11 successful international sovereign bond issuances, with the latest offering in early May. The latest issue attracted the highest demand in terms of the final order book with over $11 billion in bids placed for a $1.5 billion issue. The island nation has raised $5.15 billion since 2015 from sovereign debt.