Foreign holding in Govt. Securities reach $ 365 m

Foreign investment in Sri Lanka government securities has been rising substantially during the last week from stagnated $ 231 million to an improved $ 365 million as at end of 21 April. Despite the domestic market being rattled by DDR concerns and a slight upward revision of the secondary market rates the above inflow is substantial. Still, it is not clear whether these inflows are focused on a short-term gain on T-Bills or long-term investment on T-Bonds, says charts.lk