Sri Lanka’s USD500mn development bond oversubscribed

Jan 19, 2018 (LBO) – The issue of Sri Lanka development bonds amounting to 500 million US dollars has been oversubscribed with close to 527 million US dollars of bids received from investors. The Central Bank has received 129.27 million dollars of bids for the two year bond and the bank has accepted 93.15 million […]

Central Bank extends suspension of Perpetual Treasuries for 6 months

Jan 05, 2018 (LBO) – Monetary Board of the Central Bank has decided to extend the suspension of Perpetual Treasuries Limited from carrying on the business and activities of a primary dealer for a period of six months. The Central Bank said this extension will be effective from today, in order to continue the investigations […]

If we are going for a sovereign bond, better to go early: CB Governor

Jan 04, 2018 (LBO) – Central Bank Governor Indrajit Coomaraswamy says if Sri Lanka wants to issue a sovereign bond this year, it is better to issue it as early as possible for three reasons. “One is that there are maturities at the beginning of the year in terms of ISBs,” Coomaraswamy told reporters Wednesday. […]

PTL Watch: Sri Lanka bond yields head lower

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Sri Lanka USD515mn development bond oversubscribed

June 28, 2017 (LBO) – The issue of Sri Lanka development bonds amounting to 515 million US dollars has been oversubscribed with close to 1 billion US dollars of bids received from investors. The Central Bank has received 452.55 million dollars of bids for the one year seven months bond and the bank has accepted […]

PTL Watch: Bond yields edge higher, more OMO

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Sri Lanka’s Central Bank to sell USD515mn development bonds

June 19, 2017 (LBO) – Sri Lanka’s Central Bank will issue 515 million US dollar development bonds with a tenor of 1 year 7 months, 3 years, 4 years and 4 years 9 months. The Central Bank said the subscription will be at a floating rate of 6 month LIBOR for USD plus a margin […]

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