Sri Lanka Holds Pre-Bid Meeting Ahead of Domestic Dollar Bond Issue 📈

• Issuance Overview: Sri Lanka’s Public Debt Management Office (PDMO), under the Ministry of Finance, conducted a pre-bid meeting on October 16 ahead of issuing the new Domestic Dollar Bond (DDB) 2026. • Key Objective: The US dollar-denominated debt instrument aims to diversify government funding sources and deepen the local government securities market. • Distribution & Intermediaries: The bond will be offered domestically via 15 designated agents, including primary dealers and licensed commercial banks. All 15 designated agents alongside the paying agent attended the meeting. • Regulatory Engagement: The session provided operational and regulatory clarity for the issuance, featuring officials from the Central Bank of Sri Lanka’s Foreign Exchange Department, as well as the Fiscal Policy and Treasury Operations Departments of the General Treasury.