$ 451 m outflow from Govt. securities in first four months: CB

A net outflow of foreign investment amounting to $ 90 million was recorded from the rupee denominated Government securities market in April, resulting in a cumulative net outflow of $ 451 million during the first four months of 2020.

There were no foreign investment flows in the Colombo Stock Exchange (CSE) in April due to the suspension of trading from mid-March until mid-May. Therefore, net outflows from the CSE stood at $ 28 million in the first four months of 2020, the Central Bank said yesterday.  Gross inflows on account of long-term loans to the Government amounted to $ 137 million in April.