Category: Bills & Bonds

July 04, 2012 (LBO) – Sri Lanka’s Treasuries yields rose across the board on Wednesday, six-month yields rising the most by 16 basis points, state debt office said. Three-month treasuries were up eight basis points to 11. 20 percent, six month paper rose to 12.77 percent, while one-year maturities gained 10 basis points to 12. […]

June 27, 2012 (LBO) – Bansai Securities, a Tokyo based investment house is planning to buy 10 billion yen (125 million US dollars) worth Sri Lanka rupee Treasuries, over the next 12 months, the foreign ministry said. Sri Lanka’s Treasury bills now yield between 11 percent (3-months) and 12.78 percent (one year). Two year Treasury […]

June 27, 2012 (LBO) – Sri Lanka’s Treasuries yields rose across maturities at Wednesday’s auction with 6-month yields rising most by 14 basis points to 12. 47 percent, data released by the state debt office showed. The 3-month yield rose 08 basis points to 11. 12 percent and the 12-month yield rose 10 basis points […]

June 27, 2012 (LBO) – Sri Lanka’s rupee hit new lows near 134 to the US dollar in the spot market Wednesday and spot-next deals went for as much 134.15, dealers said as excess liquidity increased in the banking system. Excess rupee liquidity in the banking system rose to 10. 8 billion rupees Tuesday from […]

June 25, 2012 (LBO) – Sri Lanka has sold 229.02 million US dollars in 3-year floating rate bonds which will pay an average of 410 basis points above the London Interbank Offered Rate every six months, the state debt office said. Bids were originally called for the sale of only 150 million US dollars of […]

June 21, 2012 (LBO) – Sri Lanka has selected Bank of America, Citi, HSBC and Barclays Capital to sell sovereign bond of up to a billion US dollars this year, the Central Bank which raises debt for the Treasury said. In October, Sri Lanka’s maiden 500 million US dollar sovereign bond is maturing. State-run Peoples’ […]

June 20, 2012 (LBO) – Sri Lanka’s Treasuries yields rose across maturities with 6-month bill picking up the most at Wednesday’s auction, data released by the state debt office showed. The 3-month yield rose 09 basis points to 11. 04 percent, the 6-month yield rose 18 basis points to 12.47 percent and the 12-month yield […]

June 13, 2012 (LBO) – Sri Lanka’s Treasuries yields edged up at Wednesday’s auction with the three and six month yields picking up data from the state debt office showed, while pressure also developed on forex markets. If interest rates are allowed to float freely, especially in the short term markets, the exchange rate can […]

June 08, 2012 (LBO) – Sri Lanka has received proposals from eight investment banks for a sovereign bond planned for the second half of 2012, which are being evaluated, Central Bank Governor Nivard Cabraal said. Though Sri Lanka has enough foreign reserves to easily repay the bond, analysts expect the 2012 bond sale to take […]

May 29, 2012 (LBO) – Sri Lanka’s 3-month Treasury bill yield fell 57 basis points to 11. 01 percent, following the trend in secondary markets, while the 12-month yield edged up slightly at this week’s auction, official data showed. The 6-month yield fell 3 basis points to 12.29 percent and the 12-month yield rose 10 […]

May 23, 2012 (LBO) – Sri Lanka’s Treasuries yields fell across maturities at Wednesday’s auction with the 3-month yield slipping 41 basis points to reach 11. 58 percent, around the levels seen in the secondary market over several days. The 6 month yield fell 8 basis points to 12. 32 percent and the 12 month […]

May 18, 2012 (LBO) – Sri Lanka’s bond yields edged lower as more money as earlier increases in rates drew more money into the market, and short term rates fell below this week’s auction prices dealers said. During the current balance of payments crisis the rupee fell from 110 to 130 to the US dollar. […]