Sri Lanka eyes 10 to 20 year sovereign bond issue

June 07, 2016 (LBO) – Finance Minister Ravi Karunanayake told reporters today that the government is looking at a sovereign bond issue with a tenor of 10 to 20 years. Without revealing particulars, Finance Minister said the exact information on the bond issue will be announced in the coming days. Karunanayake also revealed that the […]

Sri Lanka’s Central Bank to sell USD200mn development bonds

June 03, 2016 (LBO) – The Central Bank will issue 200 million US dollars development bonds with a tenor of 1 year, 2 years, 3 years and 5 years to local and foreign investors. The Debt Department said the subscription will be at a floating rate of 6 month LIBOR for USD plus a margin […]

Sri Lanka Monetary Board statement on treasury bond auctions

June 02, 2016 (LBO) – Sri Lanka’s Monetary Board, in a statement, says a market based mechanism has been in place since February 2015 in auctioning of Treasury bills and bonds, in response to allegations of lack of transparency in processes followed. The full statement is below: This refers to the recent articles and discussions […]

Page 17 of 84