Category: Bills & Bonds

Sept 20, 2012 (LBO) – A five year subordinated bond sale by state-run Bank of Ceylon’s of up to 6 billion rupees has been rated ‘AA(lka)’ one notch below the entity’s national rating of ‘AA+(lka)’, Fitch Ratings said. The bonds will be used to boost the bank’s Tier II capital base. Fitch said Bank of […]

Sept 19, 2012 (LBO) – Sri Lanka’s Treasuries yields fell across maturities at Wednesday’s auction with the six month yield falling the most by 21 basis points to 12.91 percent, data from the state debt office showed. Earlier in the day the rupee was quoted as strong as 131.30/60 to the US dollar. The debt […]

Sept 17, 2012 (LBO) – Sri Lanka has sold US121.05 million US dollars of 3-year bonds at a weighted average yield of 400 basis points above the 6-month London Interbank Offered Rate, the state debt office said. Sri Lanka offered 60 million US dollars of bonds for sale but 121. 05 million in bids were […]

Sept 12, 2012 (LBO) – Sri Lanka’s Treasury bill yields were flat across maturities at Wednesday’s auction, with only 7. 3 billion rupees of bills being sold out of 9.0 billion rupees offered, data from the state debt office showed. In 2011 rates were manipulated by ‘quantity easing’ along the yield curve involving large volumes […]

Sept 05, 2012 (LBO) – Sri Lanka’s Treasury bill yields edged up slightly across maturities at Wednesday’s auction with the 12 month yield gaining 05 basis points to 13.36 percent, data released by the state debt office showed. The 6-month yield also rose 05 basis point to 13.12 percent and the 3-month yield rose 03 […]

Aug 28, 2012 (LBO) – Sri Lanka’s Treasuries yields edged up across maturities at Tuesday’s auction with the three months yields gaining 05 basis points to 11.41 percent, data from the debt office showed. The 6-month yield rose 05 basis points to 13.07 percent and the 12-month yield rose 04 basis points to 13.31 percent […]

Aug 22, 2012 (LBO) – Sri Lanka’s 12-month Treasuries yields rose 05 basis points to 13. 27 percent at Wednesday’s auction, while the 3-month rate was flat at 11.36 percent, the state debt office said. Excess liquidity in money market, which came from unsterilized foreign exchange purchases in the last week of July dried up […]

Aug 15, 2012 (LBO) – Sri Lanka’s Treasuries yields edged up slightly on longer maturities at Wednesday’s auction with the one year yield reaching 13. 23 percent up 05 basis points from a week earlier, data from the state debt office showed. The process does not create fresh demand to pressure the country’s dollar peg […]

July 30, 2012 (LBO) – Sri Lanka’s Central Bank has called bids to sell up to 15.5 billion rupees of Treasuries in its holdings to the public to drain liquidity that came from the proceeds of a sovereign bond sale. On Monday an auction was called to sell 7.5 billion rupees of 3 week bills […]

July 30, 2012 (LBO) – Sri Lanka’s Central Bank has sold outright 1.2 billion rupees from its 220 billion rupee Treasury bill stock to kill some of the liquidity that came from the purchase of dollars from a sovereign bond. The Central Bank said it had got bids for 850 million rupees for an offer […]

July 26, 2012 (LBO) – Sri Lanka’s central bank has announced a record repo auction of 58 billion rupees to drain excess liquidity from the banking system dealers said, indicating that proceeds sovereign bond had been used to repay short term bank debt. The liquidity also indicates that over 400 million US dollars from a […]

July 25, 2012 (LBO) – Sri Lanka’s Treasuries yields edged lower across maturities at Wednesday’s auction, with the six month yield falling most data from the state debt office showed, though longer term bond prices remained steady. The 3-month yield fell 01 basis point to 11.35 percent, the 6-month yield fell 06 basis points to […]