Sri Lanka President, South Asia leaders at Indian PM’s swearing in

ECONOMYNEXT – Sri Lanka’s central bank has used an imputed valuation of its re-structured government securities, to get over lack of a market price, which may have allowed it to avoid negative net assets and even bigger losses in 2023.

The central bank reported losses 114.3 billion rupees in 2023, solely due to a 766 billion rupee ‘one day loss’ from restructuring its Treasury bill portfolio into long term bonds with ‘step down’ coupons.

The Tool

The Treasuries portfolio, acquired to drive monetary…