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    HomeLocal NewsBusinessSri Lanka bonds go from Asia's Worst to Best After China Loan

    Sri Lanka bonds go from Asia’s Worst to Best After China Loan

    (Bloomberg) — Sri Lankan government debt is leading gains in Asian dollar bonds this year as investors bet that the nation will avoid defaulting on its short-term notes, with the help of a Chinese funding facility.

    Italian investment manager Acome SGR S.P.A. , which added to its holdings of the nation’s debt securities last quarter, sees the bonds as continuing to offer attractive yields, even if most of the gains have already been made.

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