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PTL Watch: Sri Lanka bond yields dip further 5-10 bp
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Sri Lanka’s new Ambassador to ASEAN presents Credentials
Sri Lanka’s Ambassador to Indonesia, Dharshana M. Perera presented credentials as Sri Lanka’s Ambassador to ASEAN to Secretary General Mr. Le Luong Minh at the ASEAN Secretariat in Jakarta on 12th July 2016. During the discussion which followed, the ASEAN Secretary General welcomed the accreditation of the Ambassador of Sri Lanka and described it as […]
Sri Lanka FM statement following discussion with two visiting US Asst. Secretaries of State
It is a pleasure to welcome Assistant Secretary of State for South and Central Asian Affairs Nisha Biswal and Assistant Secretary of State for Democracy, Human Rights and Labour Tom Malinowski to Sri Lanka and to this Ministry, once again. I am sure that by now, both Nisha and Tom are quite familiar to all […]
Dialog Axiata names Supun Weerasinghe in CEO succession plan
July 13, 2016 (LBO) – Telecommunications blue chip Dialog Axiata PLC, in a release to the Colombo Stock Exchange, said company has commenced preparation for the succession of its Group Chief Executive at year end 2016. “The announcement of succession follows Dr Hans Wijayasuriya, the Group Chief Executive of Dialog, taking on additional regional responsibilities […]
Sri Lanka govt finances on track as per budget: Ravi K
July 13, 2016 (LBO) – Sri Lanka’s government finances this year are on target as estimated in the last budget, Finance Minister Ravi Karunanayake said. “Our revenues are on target as per the last budget. Excise collections are up 40 percent,” Karunanayake told reporters without giving details. Sri Lanka has revised down the 2016 budget […]
‘s post-war reconciliation efforts
July 12 (Reuters) – The United States on Tuesday praised Sri Lanka‘s steps taken under a U.N. resolution to address alleged human rights abuses in the final phase of a 26-year war with Tamil Tiger rebels, and said it would do what it could to see through the process. Washington along with other Western nations […]
PTL Watch: Sri Lanka bond yields dip after sovereign issue
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HSBC partners with GoSL for first dual-tranche sovereign bond issuance
The Central Bank of Sri Lanka (CBSL), on behalf of the Democratic Socialist Republic of Sri Lanka, successfully launched and raised USD1.5 billion in a dual-tranche 5 and 10 year bond. The size of the new 5.5 year bond was USD500 million with a coupon of 5.75% p.a. maturing in 2022. The size of the […]
‘s Prime Minister meets Iranian religious leader Ayatollah Khomeini
Prime Minister Ranil Wickremesinghe met the Iranian religious leader Ayatollah Khomeini at Temple Trees today (12).
S&”’
July 12, 2016 (LBO) – S&P Global Ratings has assigned its ‘B+’ long-term issue rating to the global bond issued by Sri Lanka (B+/Negative/B). The senior unsecured bond constitutes direct, unconditional, unsubordinated, and unsecured general obligations of the issuer, and payments will be backed by the full faith and credit of Sri Lanka. The dual tranche […]