Money

Looking Good

Sampath Bank on Monday secured an A+ (sri) for its long-term debt and an A (sri) rating for its four-year debenture issue from Fitch Ratings.An A+ (sri) rating …

Knock Knock

The Colombo Stock Exchange is seeking donor funds to kick-start the derivatives market.The Asian Development Bank (ADB) had earlier helped out with a …

Staying Put

The Central Bank opted not to tinker with its short-term rates for the seventh consecutive month, as inflation bottomed out in lull period of economic …

Slight Tremor

Treasury bill rates perked up at this weeks auction, ahead of the Central Banks monthly Monetary Policy meeting on Thursday.Three month paper rose two basis …

Building Up

Sri Lankas foreign reserves took a 2.2 percent dip in February, slightly above a 5.7 percent drop in January 2004, according to latest data released by the …

Steady Flow

Treasury bill yields remained flat at Mondays auction signaling a steady outlook for short-term interest rates.The Central Bank offered and accepted bids for …

Reality Check

Treasury Bond yields touched 8.06 percent at this weeks auction for paper maturing in 316 days.The yield is slightly above one-year treasury bill notes which …

Short Respite

Treasury Bill yields fell by 200 basis points at Wednesdays auction due to excess liquidity in the money market and less pressure on short-term interest …

Quick Thinking

The Central Bank will raise nine billion rupees worth of shorter maturity bonds next month to ease the current interest rate pressures.The new issues which are …

Water Tight

The US government unveiled its new US$ 50 note on Tuesday designed with enhanced security features to beat counterfeiting.rn rnrn rnThe New US$ 50 bill rnrnrn …

Surging Demand

An election on top of the April festivities, created a bigger than expected demand for cash this year.Currency in circulation rose by a massive Rs. 18 bn …

Nail Biting

Local financial markets took a beating on Tuesday, which saw the equity and currency markets come under pressure, while bond dealers opted not to trade.Markets …

Poll Jitters

The rupee ended a tad lower against the US dollar on election day, though there were concerns that the currency could face a volatile period, on the outcome of …

Secure Cash

Peoples Leasing Company is coming out with a Rs. 500 mn debt paper, backed by an SL A rating from Fitch Ratings Lanka Ltd.rnrn ThernLease Backed Trust …

Early Leave

The Central Bank says it will issue Rs. 2 bn worth of treasury bills to the debt market as part of its borrowing programme for April.Of the Rs. 33,371 bn worth …

Hedging Bets

Singer (Sri Lanka) Ltd secured a SL A credit rating from Fitch Ratings Lanka for its upcoming four-year Rs. 400 mn unsecured redeemable debenture issue.The …

Safe Mode

The Central Bank bought Rs. 4.4 bn worth treasury bills on Wednesday by driving rates down marginally.The bank said the money was needed to improve market …

Comfort Zone

The Central Bank left its key short-term rates unchanged on Thursday, a sign that it was business as usual despite a snap poll and a hike in the domestic …

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