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Stock impact report

Sri Lanka Bonds Fall as Restructuring Talks Need More Time [Yahoo! Finance]

Barclays PLC (BCS) 
Company Research Source: Yahoo! Finance
(Bloomberg) -- Sri Lanka's first round of talks with dollar bondholders failed to yield an agreement, sending bonds lower, even as the South Asian country hopes to reach a deal in the next few weeks. Most Read from Bloomberg Beyond the Ivies: Surprise Winners in the List of Colleges With the Highest ROI China Tells Iran Cooperation Will Last After Attack on Israel Iran's Attack on Israel Sparks Race to Avert a Full-Blown War S&P 500 Futures Steady After Selloff Rattles Globe: Markets Wrap Microsoft Invests $1.5 Billion in UAE's G42 in Pivot From China The nation's 7.55% 2030 bond fell as much as 2.8 cents to 53.94 cents on the dollar, the biggest decline since 2022, according to data compiled by Bloomberg. Note due 2025, 2026, 2027, and 2028 also fell, making Sri Lanka the worst performer in emerging markets on the day. “Sri Lanka reiterated its reservations regarding the structure of the macro-linked bonds,” the government said in an official statement on the first r Show less Read more
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