Annual Report 2008 - Ministry of Finance and Planning

2. Fiscal Developments - 2008
136
Table 2.38
Currency Composition of Foreign Debt
Currency
(%)
2006 2007 2008
SDR 42.2 38.3 36.7
Japanese Yen 28.7 25.5 30.6
US Dollar 16.0 20.1 17.7
Euro 8.9 9.2 9.1
other 4.1 6.9 5.7
Memo: Total External Debt.
(Rs. Billion) 1,103 1,327 1,449
Source: Central Bank of Sri Lanka
Table 2.39
Outstanding Government Debt (a)
Item
Rs.bn
End 2006 End 2007 End 2008
Total Domestic Debt 1,479.2 1,715.2 2,129.3
Short-term 313.2 363.2 505.5
Treasury bills (b) 257.7 307.0 402.6
Provisional advances from the Central Bank 49.0 60.7 76.3
Other 6.5 -4.5 26.6
Medium and Long-term 1,166.0 1,351.9 1,623.9
Rupee Securities (c) 116.7 131.5 130.0
Treasury bonds (b) 886.0 1,018.8 1,282.0
Sri Lanka Development Bonds 62.5 86.4 158.8
Other (d) 100.9 115.2 53.1
Total Foreign Debt 1,103.4 1,321.8 1,448.7
Concessionary Loans 1,023.0 1,099.9 1,227.2
Multilateral 564.3 565.3 590.8
Bilateral 458.8 534.6 636.5
Non – Concessionary Loans 80.3 221.9 221.5
Multilateral 4.2 15.4 27.4
Bilateral 27.7 29.9 30.0
Commercial Loans (e) 48.4 176.6 164.0
Total Outstanding Government Debt 2,582.6 3,036.9 3,578.0
Source: Central Bank of Sri Lanka
(a)
Values are calculated on the face value of domestic debt instruments and on disbursement date rate of exchange in relation to foreign
currency loans. Off share Banking Units (OBUs) and Sri Lanka Development Bonds loans are calculated on end month exchange rate of each month.
(b)
Exclude Treasury bills and treasury bonds issued to foreign investors.
(c)
Include long term bonds of Rs. 24 billion issued in 1993 to Bank of Ceylon (BOC) and People’s Bank (PB).
(d)
Inclusive of outstanding balances to OBUs , Ampara Water Supply and Co-operative Whole sale Establishment (C.W.E.) bonds in 2003.
(e)
Includes defence loans, rupee denominated treasury binds and treasury bills issued to foreign investors and proceeds from the sovereign
bond issues of the Government in 2007.
Ministry of Finance and Planning Sri Lanka
Annual Report 2008