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Gross inflows to the Government in 2020 dropped from $ 6.5 billion to little over $ 2 billion in 2020, the Central Bank said in its External Performance Report for last year.
Foreign investment in the government securities market recorded a marginal net outflow during the month. A net outflow of foreign investment amounting to $ 10 million was recorded in the rupee denominated government securities market in December 2020, increasing the cumulative net outflow to $ 553 million during 2020.
The total outstanding exposure of foreign investment in the rupee denominated government securities market remained low at $ 37 million by end December 2020.
There were net outflows of $ 16 million from the secondary market of the CSE in December 2020. On a cumulative basis, the CSE recorded a net outflow of $ 225 million, from both primary and secondary markets, during 2020.
Meanwhile, long-term loans to the Government recorded a net outflow of $ 9 million in December 2020.
