Another Major Global Recognition for Sri Lanka’s Economy

Sri Lanka has secured a high weighting of 7.5% in the latest local currency government bond index introduced by leading global investment bank J.P. Morgan.

Scheduled for official release at the end of September, the index covers government bonds worth over USD 330 billion across 26 frontier market nations.

While the maximum index cap for any single country is set at 8%—currently held by nations including Vietnam, Egypt, and Pakistan—Sri Lanka’s 7.5% allocation positions it as a major component of the index.

Eligible local currency bonds included in the index must have an outstanding balance of at least USD 250 million and a minimum remaining maturity period of two and a half years.

Economic analysts highlight this development as a clear testament to the renewed confidence and attraction of the international financial community toward Sri Lankan Rupee-denominated Treasury bonds following the economic crisis.

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