As a result, Sri Lanka International Sovereign Bond (SLISB) yields spiked to an all-time high level in last year since the first issue during 2007. Despite the adverse economic environment, the research report published by Ceylon Asset Management (CAM) highlights a contrarian investment Opportunity in the Sri Lanka International Sovereign Bond Market. In addition to the dollar SWAPS, The Government of Sri Lanka expects committed FDIs of USD 2.5Bn during 2021. Ceylon Asset Management Research understands the strategy and plan of the Government and Central Bank of Sri Lanka for 2021 as follows:Sri Lanka is confident of reporting a GDP growth of 5% in 2021. They further believe Global investors should exploit this unique contrarian profit opportunity on SL International Sovereign Bonds due to deeply discounted prices (30 %+) and diversify risk exposure to reap benefits in the near future.

Source: The Nation January 27, 2021 15:00 UTC