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EXTERNAL SOVEREIGN LIABILITIES

Sri Lanka External Borrowing Intelligence

Detailed breakdown of foreign currency sovereign borrowing across Multilateral institutions (ADB, World Bank, IMF), Bilateral sovereign partners (China, Japan, India, Paris Club), and Commercial bondholders.

Total External Debt$35.3 BRs. 10.6 Trillion equivalent
Multilateral Debt$11.8 BADB, World Bank & IMF (Senior)
Bilateral Debt$10.2 BChina, Japan, India, Paris Club
Commercial ISBs / MLBs$8.8 BRestructured 2024–2038 Series

Major External Creditor Profiles & Restructuring Status

🏛️
Asian Development Bank (ADB)Multilateral Institution (Headquarters: Manila, Philippines)
$5.4B

The ADB is Sri Lanka's largest multilateral development partner, providing long-term concessional project financing for national highways, secondary education, rural water schemes, and energy grid stability.

Share14.8%
Rate1.65%
Tenure28.5y
Instruments: 38View Dossier
🌐
World Bank (IDA / IBRD)Multilateral Institution (Headquarters: Washington, D.C., USA)
$4.6B

The World Bank has provided strategic balance-of-payments development policy financing, social protection funding (Aswesuma), and urban flood mitigation support spanning over three decades.

Share12.6%
Rate1.85%
Tenure25y
Instruments: 31View Dossier
🇨🇳
Export-Import Bank of China (China Exim Bank)China (State-Owned Policy Bank)
$4.8B

China Exim Bank financed Sri Lanka's largest post-2005 mega-infrastructure developments, including the country's primary baseload coal power plant, expressway extensions, and maritime ports.

Share13.2%
Rate3.25%
Tenure20y
Instruments: 19View Dossier
🇯🇵
Japan / JICA (Japan International Cooperation Agency)Japan (Official Bilateral Development Agency)
$2.7B

Japan has been a cornerstone development partner since independence, providing ultra-low-interest, long-tenure Yen loans for critical utilities, aviation gateways, and hydroelectric generation.

Share7.4%
Rate0.85%
Tenure38y
Instruments: 24View Dossier
🇮🇳
India (Government of India / Exim Bank of India)India (Bilateral Official Partner)
$1.9B

India played a crucial financial lifeline role during Sri Lanka's acute 2022 foreign exchange collapse, deploying nearly $4.0 Billion in emergency credit lines, currency swaps, and food/fuel lifelines.

Share5.2%
Rate2.75%
Tenure18y
Instruments: 11View Dossier
💼
International Commercial Bondholders (ISB)Global Institutional Investors & Asset Management Funds
$8.8B

From 2007 to 2019, Sri Lanka issued 14 commercial International Sovereign Bonds on global capital markets. High commercial coupon burdens and concentrated bullet maturities triggered the April 2022 sovereign debt default.

Share24.1%
Rate5.45%
Tenure8.5y
Instruments: 14View Dossier