📈 Investor Call on Performance-Linked Bonds
The Sri Lankan Government has scheduled an investor call for tomorrow, 11 February 2026, to provide updates on its post-restructuring debt strategy and performance-linked securities. • Bond Overview: The session focuses on five series of Macro-Linked Bonds (MLBs) and Governance-Linked Bonds (GLBs) with maturities between 2030 and 2038. • Debt Reporting: Updates will be based on the Debt Report published on 31 December 2025, detailing progress against agreed fiscal and governance benchmarks. • Macro-Linked Features: Discussions will cover the performance-linked triggers, where interest rates or principal amounts may adjust based on Sri Lanka’s GDP performance and debt sustainability framework. • Governance Benchmarks: Updates on governance-related developments relevant to the GLBs, which incentivize transparency and fiscal accountability through potential coupon step-downs. • Call Schedule (7:00 p.m. IST): Intended to maintain transparency with international bondholders and market participants following the country's complex debt restructuring. Context: These innovative instruments are central to Sri Lanka’s recovery, linking debt servicing costs directly to the nation's economic health and reform progress.