Category: Bills & Bonds
Perpetual Treasuries suspension of business activities extended by 6 months
Jan 04, 2019 (LBO) – Monetary Board of the Central Bank has decided to extend the suspension of Perpetual Treasuries Limited (PTL) from carrying on the business activities of a Primary Dealer for a period of six months with effect from tomorrow. online pharmacy buy diflucan with best prices today in the USA buy ivermectin online […]
Sri Lanka to cut threshold for foreign investment in rupee denominated securities
Jan 02, 2019 (LBO) – Central Bank intends to reduce the threshold for foreign investment in rupee denominated Government securities from 10 percent of the outstanding Government securities stock at present to 5 percent. Governor Indrajit Coomaraswamy, announcing the road map 2019 said this measure will be taken in view of the increased volatility in […]
Net outflows from securities market & CSE surpasses USD200mn in October
Dec 21, 2018 (LBO) – Sri Lanka’s Central Bank says the trend of foreign investment outflows from the financial account continued during October, with notable outflows from the Colombo Stock Exchange and the government securities market. online pharmacy buy diflucan with best prices today in the USA Government securities market recorded a net outflow of […]
Sri Lanka assures lenders that debt payments will be met on due dates
Nov 21, 2018 (LBO) – Sri Lanka’s government said it wishes to assure all lenders that all dues will be met on the due dates as has been the time-honored tradition of the country where the country has maintained an unblemished track record of debt payments. online pharmacy buy diflucan with best prices today in […]
‘s downgrades Sri Lanka ratings to B2 amid political crisis
Nov 20, 2018 (LBO) – Moody’s Investors Service has downgraded the Government of Sri Lanka’s foreign currency issuer and senior unsecured ratings to B2 from B1 and changed the outlook to stable from negative. The decision to downgrade the rating to B2 is driven by Moody’s view that ongoing tightening in external and domestic financing conditions and […]
Parliament passes resolution to raise Rs.310Bn under Active Liability Mgmt
Oct 26, 2018 (LBO) – Sri Lanka’s Parliament on Friday passed a resolution to raise up to 310 billion rupees by way of loans, in or outside Sri Lanka under the Active Liability Management Act. The Active Liability Management Act provides the legal framework for the government to raise loans for management of public debt […]
Sri Lanka secures USD1Bn Foreign Currency Term Financing Facility
Oct 17, 2018 (LBO) – Sri Lanka has secured 1,000 million US dollars from the China Development Bank (CDB) under the Foreign Currency Term Financing Facility (FCTFF) with a maturity period of eight years. online pharmacy buy abilify with best prices today in the USA buy amoxicillin online https://qpharmacorp.com/wp-content/uploads/2023/08/png/amoxicillin.html no prescription pharmacy online pharmacy buy stendra […]
Central Bank introduces whistleblowing policy & code of conduct for employees
Oct 15, 2018 (LBO) – Sri Lanka’s Central Bank said a whistleblowing policy and a new code of conduct for all employees have been introduced as part of the execution of recommendations included in the bond commission report. Releasing a statement on the progress they made with regard to the recommendations of the bond commission […]
‘s stock/bond markets cross $ 500mn YTD
October 12, 2018 (LBO) – Net foreign selling of Sri Lanka’s stocks and bonds has crossed US$500 million dollars for 2018. The outflows, which have been a significant factor in the devaluation of Sri Lanka’s currency and declining foreign reserves, show no signs of slowing down. Year to date in 2018, net foreign selling of […]
‘s latest treasury bill auction
October 10, 2018 (LBO) – Interest rates moved sharply higher in treasury bond auctions today. online pharmacy buy abilify with best prices today in the USA buy abilify online https://qpharmacorp.com/wp-content/uploads/2023/08/png/abilify.html no prescription pharmacy online pharmacy buy cenforce with best prices today in the USA online pharmacy buy celexa with best prices today in the USA […]
CB Governor says bank deposit and lending rates need to come down
Aug 08, 2018 (LBO) – Sri Lanka’s Central Bank Governor Indrajit Coomaraswamy expressed concern on the current deposit and lending rates of the banks. Speaking at a press briefing, Coomaraswamy said it is a matter of some concern because the deposit and lending rates are as rigid as they were in the past. “In fact […]
First Capital downgrades exchange rate target to 161 rupees for end 2018
July 11, 2018 (LBO) – First Capital Research said they downgraded their exchange rate target from 159 rupees to 161 rupees per dollar for end 2018 since a stronger dollar is more likely in the coming months. With four fed rate hikes on the cards over next 12 months, First Capital Research said they are […]