{"id":84804,"date":"2019-01-12T15:30:29","date_gmt":"2019-01-12T22:30:29","guid":{"rendered":"http:\/\/www.lankaweb.com\/news\/items\/?p=84804"},"modified":"2019-01-12T15:30:29","modified_gmt":"2019-01-12T22:30:29","slug":"sri-lanka-to-use-reserves-to-repay-1-bln-loan","status":"publish","type":"post","link":"https:\/\/www.lankaweb.com\/news\/items\/2019\/01\/12\/sri-lanka-to-use-reserves-to-repay-1-bln-loan\/","title":{"rendered":"Sri Lanka to use reserves to repay $1 bln loan"},"content":{"rendered":"<p>COLOMBO, Jan 10 (Reuters) &#8211; Sri Lanka has arranged $1 billion to repay a five-year sovereign bond maturing next week partly from its declining reserves, sources from both the central bank and finance ministry said on Friday.<\/p>\n<p>Originally the island nation\u2019s three state banks were to borrow up to $1 billion from foreign sources before the end of 2018 to pay off the loan.<\/p>\n<p>We could not raise the whole $1 billion through state banks. So the reserves also will be used to fill the gap,\u201d a government official who is aware of the repayment details told Reuters, asking not to be identified.<\/p>\n<p>He declined to comment on how much of the reserves would be used for the repayment.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>COLOMBO, Jan 10 (Reuters) &#8211; Sri Lanka has arranged $1 billion to repay a five-year sovereign bond maturing next week partly from its declining reserves, sources from both the central bank and finance ministry said on Friday. Originally the island nation\u2019s three state banks were to borrow up to $1 billion from foreign sources before [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[102],"tags":[],"class_list":["post-84804","post","type-post","status-publish","format-standard","hentry","category-economy"],"_links":{"self":[{"href":"https:\/\/www.lankaweb.com\/news\/items\/wp-json\/wp\/v2\/posts\/84804","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.lankaweb.com\/news\/items\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.lankaweb.com\/news\/items\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.lankaweb.com\/news\/items\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.lankaweb.com\/news\/items\/wp-json\/wp\/v2\/comments?post=84804"}],"version-history":[{"count":0,"href":"https:\/\/www.lankaweb.com\/news\/items\/wp-json\/wp\/v2\/posts\/84804\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.lankaweb.com\/news\/items\/wp-json\/wp\/v2\/media?parent=84804"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.lankaweb.com\/news\/items\/wp-json\/wp\/v2\/categories?post=84804"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.lankaweb.com\/news\/items\/wp-json\/wp\/v2\/tags?post=84804"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}