The Government of Sri Lanka intends to raise Foreign Currency Term Financing Facility (FCTF) denominated in United State Dollars (USD), Euro, Chinese Renminbi (RMB) and Japanese Yen (Yen) in 2021.
The FCTF is expected to be raised at a fixed rate or a floating rate with a maturity period of 1 year or more.
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The proceeds of the FCTF will be used for the purposes of financing the expenditure as approved in the Annual Budget.
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