ECONOMYNEXT – Foreign investors sold Sri Lanka government securities in thin trade recording first weekly outflow in six weeks, the Central Bank data showed, amid outflow of short term bond funds globally for the first time in 14 weeks. Foreign investors sold a net 17 million rupee ($56,667) worth of government securities in the week ended on October 2, recording the first outflow in six weeks. The island nation witnessed inflows to a net 14,041 million rupee ($46.8 million) in the previous five weeks. Globally, short-term bond funds saw a net USD 8.52 billion outflow after 13 weeks of inflows…
Sri Lanka sees thin foreign selling in rupee bonds after five-week buying
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