Category: Bills & Bonds
CB introduces real time notifications for transactions in Govt securities via SMS, Email
Apr 08, 2019 (LBO) – Sri Lanka’s Central Bank which operates and maintains the LankaSecure system has introduced an SMS, Email alert service from 25th March 2019 to enhance the awareness of investors in the government securities. online pharmacy buy diflucan with best prices today in the USA buy amoxil online https://www.indcheminternational.com/wp-content/uploads/2022/08/png/amoxil.html no prescription pharmacy buy valtrex […]
50 percent probability for a policy rate cut in April: First Capital Research
Apr 02, 2019 (LBO) – First Capital Research allocates a 50 percent probability for a policy rate cut in Apr 2019 as they are of the view that policy intervention is appropriate to address the overly sluggish economic growth. online pharmacy buy lariam with best prices today in the USA buy fildena online http://iddocs.net/images/layout4/gif/fildena.html no […]
‘s criticisms of $ 2.4bn bond offering undermine CBSL
March 22, 2019 (LBO) – Former Governor of the Central Bank of Sri Lanka (CBSL) during the Mahinda Rajapaksa administration, Ajith Nivard Cabraal, has come out with criticisms of the pricing and interest rates on debt that came out of the recent sovereign bond offering. His contention that somehow the interest rates were abnormally high […]
”’ Rating
Mar 14, 2019 (LBO) – Fitch Ratings has assigned a final rating of ‘B’ to the following bonds issued by Sri Lanka on 7 March 2019: USD1 billion 6.85% bond due 2024, USD1.4 billion 7.85% bond due 2029. This replaces the expected rating of ‘B (EXP)’ that Fitch assigned on 6 March 2019. KEY RATING DRIVERS […]
Sri Lanka’s bond to be listed on LSE’s International Securities Market for first time
Mar 08, 2019 (LBO) – Sri Lanka’s successful international sovereign bond offering is expected to be listed on the London Stock Exchange (LSE), to be admitted to the LSE’s International Securities Market (ISM) for the first time, the Central Bank said. This is in addition to the listing on the Singapore Exchange Securities Trading Limited (the […]
Deal Done! – Sri Lanka executes successful $ 2.4bn sovereign bond offering
March 8, 2019 (LBO) – In possibly the most significant economic development since Sri Lanka’s constitutional crisis dealt a devastating blow to her economy, the nation has successfully tapped the international markets in a large sovereign bond offering. According to a Reuters report, Sri Lanka has raised US$2.4bn in 5 and 10 year bonds, with […]
”s senior unsecured US dollar bonds
Mar 07, 2019 (LBO) – Moody’s Investors Service has today assigned a B2 rating to the Government of Sri Lanka’s senior unsecured US dollar-denominated bonds. The rating is based on the preliminary offering memorandum received today, Moody’s Investors Service said. The bonds will rank pari passu with the Government of Sri Lanka’s current and future senior unsecured external […]
‘s upcoming USD bonds an expected rating of B (EXP)
Mar 07, 2019 (LBO) – Fitch Ratings has assigned Sri Lanka’s upcoming US dollar-denominated bonds an expected rating of ‘B (EXP)’. The rating agency said the expected rating is in line with Sri Lanka’s Long-Term Foreign-Currency Issuer Default Rating (IDR) of ‘B’ with a stable outlook. The agency, however, said that the rating would be sensitive […]
Rs.8bn inflows into securities since Jan; rupee appreciated 2.3-pct YTD: FM
Feb 21, 2019 (LBO) – Finance Minister Mangala Samaraweera says that foreign capital is now flowing back into the economy with 8 billion rupees worth inflows into government securities since January this year. Addressing the AmCham Breakfast Buzz held today in Colombo, the Finance Minister reminded that the rupee has also appreciated 2.3 percent year […]
First Capital Research expects a continuation of policy rates at current levels
Feb 21, 2019 (LBO) – First Capital Research said it expects a continuation of monetary policy rates at current levels although they recognize an increased probability of 10 percent for a rate cut considering the prevailing below par GDP growth and sluggish credit growth. First Capital Research expects the Central Bank to keep Statutory Reserve […]
Sri Lanka’s USD200mn development bond issue undersubscribed
Jan 25, 2019 (LBO) – The issue of Sri Lanka development bonds amounting to 200 million US dollars have been undersubscribed with only 182 million dollars of bids received from investors. [pdf-embedder url=”http://www.lankabusinessonline.com/wp-content/uploads/2019/01/Press-Release-25.01.2019-E.pdf” title=”Press Release 25.01.2019 (E)”]
Central Bank subscribes to Rs.90bn Treasury bills to assist govt financing
Jan 16, 2019 (LBO) – Central Bank says it subscribed to Treasury bills amounting to 90 billion rupees during this month at the request of the Treasury to assist financing needs of the government.buy cymbalta online buy cymbalta online no prescription The bank said there is a delay in receiving expected foreign currency financing arrangements as envisaged […]