COLOMBO – In a massive vote of confidence for the country’s economic recovery, foreign investors injected a net $34.5 million into Sri Lanka’s government securities (rupee bonds) in the week ending October 30.

This substantial inflow continues a positive trend, with offshore investors maintaining a consistent buying spree for the tenth consecutive week.

Foreign Holding at Record Level

Data from the Central Bank of Sri Lanka (CBSL) reveals the scale of this renewed interest:

  • Weekly Inflow: $34.5 million (or LKR 10.359 billion) during the last week of October.
  • Total Holdings: Foreign holdings in Treasury bonds reached LKR 141.32 billion as of October 30.
  • Two-Year High: This figure marks the highest level of foreign holding in rupee bonds since November 9, 2023.

Total Recent Inflow Hits $115 Million

The continuous buying streak has led to a total net inflow of approximately $115.8 million (LKR 34.742 billion) over the last ten weeks.

Analysts attribute this sustained interest to the government’s decisive monetary policies and fiscal stability measures, which have helped stabilize the economy and foster a safer environment for international investment.

The strong inflow demonstrates that the measures taken to address the economic crisis are gaining traction among global investors.