CBSL accepts highest amount of bids in a T-bill auction in 5 months

Oct 21, 2015 (LBO) – Sri Lanka’s Treasury bill yields were up with highest amount of bids in a Treasury bill auction in over five months at Wednesday’s auction, data from the state debt office showed. The 3-month yield was down 6.71 percent with bids amounting to 28.8 billion rupees being received and it was […]

Central Bank holds key interest rates unchanged

Oct 20, 2015 (LBO) – Sri Lanka’s Central Bank held key interest rates unchanged on Tuesday after a monthly monetary policy announcement citing low inflation, a decision broadly expected by market participants. A poll by Lanka Business Online of 13 market participants showed 12 expected no change in policy interest rates, while one expected a […]

Sri Lanka to increase maximum Treasury bill limit by Rs400bn tomorrow

Oct 19, 2015 (LBO) – Sri Lanka’s Finance Ministry is to present a resolution in parliament tomorrow to increase the current Treasury bill limit by 400 billion rupees. The cabinet approved the proposal last month to increase the limit from 850 billion rupees to 1,250 billion rupees. The parliament earlier approved that the maximum borrowing […]

Poll: Central Bank expected to hold interest rates unchanged

Oct 16, 2015 (LBO) – Sri Lanka’s Central Bank is expected to hold interest rates unchanged at the monthly monetary policy announcement on Tuesday, market participants told Lanka Business Online. A poll of 13 market participants showed 12 expected no change in policy interest rates, while one expected a 25 to 50 basis point hike […]

Sri Lanka sells USD330mn of one, three and five year development bonds

Oct 16, 2015 (LBO) – The issue of Sri Lanka development bonds amounting to 75 million US dollars have been oversubscribed with 407.25 million US dollars of bids received from investors.The central bank has accepted 277.50 million US dollars in one year bond at a floating rate of weighted average margin (bps) over six month […]

Page 30 of 84