Tag: Sri Lanka secures USD1Bn Foreign Currency Term Financing Facility

central bank of sri lanka

Sri Lanka secures USD1Bn Foreign Currency Term Financing Facility

Oct 17, 2018 (LBO) – Sri Lanka has secured 1,000 million US dollars from the China Development Bank (CDB) under the Foreign Currency Term Financing Facility (FCTFF) with a maturity period of eight years.The Central Bank said in a statement that interest cost is highly competitive and linked to 6 Month USD LIBOR with a grace […]