Money

Staying Put

Despite seven year lows and pressure on the rupee, the Central Bank kept its key short-term interest rates unchanged.The overnight repurchase rate (repo rate) …

Moving Up

Yields for three month treasuries move up at Wednesdays auction indicating market demand for short-term maturities.rnrn rnHowever, the Central Bank said that …

Secure Deal

Senkadagala Finance is coming out with a Rs. 52.4 mn debt paper backed by an A (sri) rating from Fitch Ratings Lanka.The Rs. 52.4 mn issue is part of a larger …

Live Injection

The Aitken Spence Group secured an AA (sri) rating for its upcoming Rs. 1 bn five-year unlisted debenture issue from Fitch Ratings Lanka. The group needs the …

Steady Float

Sri Lankas foreign reserves slipped 3.7 percent dip in April, slightly above a 5.7 percent drop in January 2004, according to latest data released by the …

Recycling Debt

The Central Bank says it will re-issue Rs. 7 bn worth of two-year treasury bonds and Rs. 44,837 mn in treasury bills to the debt market, as part of its …

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