Category: Bills & Bonds

Mar 21, 2015 (LBO) – Sri Lanka has offered 10.0 billion rupees in 4 year bonds and 20.0 billion rupees in 8 year bonds, the state debt office of the Central Bank said.The 4 year bonds with a coupon of 10.6 percent would mature on 15 September 2019 while the 8 year bonds with a […]

Mar 21, 2015 (LBO) – Sri Lanka has offered 10.0 billion rupees in 4 year bonds and 20.0 billion rupees in 8 year bonds, the state debt office of the Central Bank said. At the last auction held in 17 March 2015, 4 year bonds were sold at an average yield of 9.13 percent and […]

Mar 18, 2015 (LBO) – Sri Lanka’s 100 day administration will publish the investigative report on the controversial bond issue, deputy secretary general of the United National Party Akila Viraj Kariyawasam told LBO. Attorney-at-law Gamini Pitipana, who headed the committee appointed by the Prime Minster to probe the matter said the report will be completed […]

Mar 17, 2015 (LBO) – Sri Lanka’s Central Bank governor Arjuna Mahendran has taken leave since Monday until the investigations are over, Prime Minister Ranil Wickremesinghe said. “Charge against CB governor’s intervention over tender board is baseless. After that, tender board presented their recommendations. Those recommendations have been duly accepted by CB governor without any […]

Mar 16, 2015 (LBO) – Sri Lanka’s committee appointed to probe controversial bond issue, to file their report to the Prime Minister within the next two weeks, chairman of the Committee said. “We have already commenced work and had one sitting and will be having another today and will continue,” attorney-at-law Gamini Pitipana, chairman of […]

Mar 12, 2015 (LBO) – Sri Lanka’s Deputy Minister of Policy and Finance, Harsha De Silva commenting on social media said the committee appointed to probe into the recent bond allegations has been given wide range of power and technical support to look into the issue. There has been rising concerns in bond markets over […]

Mar 10, 2015 (LBO) – A three member board was appointed today by the Prime Minister of Sri Lanka to probe the alleged Treasury bond allegation, Prime Minister’s office said in a statement.It also said that the government will take necessary steps according to report of findinhs of this committee.The statement reproduced below :- Urgent […]

Mar 10, 2015 (LBO) – The issue of Sri Lanka development bonds amounting to 50 million US dollars have been oversubscribed with 172.5 million US dollars of bids received from investors. The offer was opened from 02 to 09 March for bidding with the settlement on 16 March 2015. The central bank has accepted 156.5 […]

Mar 10, 2015 (LBO) – A three member board was appointed today by the Prime Minister of Sri Lanka to probe the alleged Treasury bond allegation, Prime Minister’s office said in a statement.It also said that the government will take necessary steps according to report of findinhs of this committee. The statement reproduced below :- […]

Mar 09, 2015 (LBO) – Sri Lanka’s Highways and Investment Promotions Ministry said that it had asked for funds from the Finance Ministry but had no control over the decision to issue an extra 30-year bonds two weeks ago.The Ministry said in a statement that most of the projects carried out by the then Ministry […]

Mar 09, 2015 (LBO) – Sri Lanka’s president Maithripala Sirisena has instructed his secretary to appoint a three member committee to investigate bond market allegations leveled against the central bank bond issue.The full text of the press release issued by the presidential secretariat is reproduced below. Media Release President to appoint a 3-member Committee to […]

Mar 09, 2015 (LBO) – Sri Lanka’s Central Bank has decided to issue 30 billion rupees of treasury bonds soon after accepting 10 billion rupees from a controversial bond issue.The bank will auction three types of bonds tomorrow at 10 billion rupees each. “The Government’s immediate needs for cash to make payments for the bills […]