Category: Bills & Bonds

Dec 14, 2011 (LBO) – Sri Lanka’s 3-month Treasuries yield increased 15 basis points to 8.43 percent at Wednesday’s auction while the state debt office rejected bids for other maturities. The state offered 10 billion rupees of bills for re-issue and accepted only 4. 7 billion rupees of bids. Six and 12-month bids were rejected. […]

Dec 13, 2011 (LBO) – A billion dollar 10-year sovereign bond for Sri Lanka has won praise from a specialist regional financial publication, saying the deal brought the country closer to seasoned Asian borrowers like Philippines and Indonesia. “Few other contenders can stand up against the sovereign, which has continued to lead the way,” FinanceAsia […]

Dec 12, 2011 (LBO) – Sri Lanka’s money and forex markets were steady but bond yields were slightly up in a thin market Monday, dealers said. Meanwhile Central Bank data showed that foreign investors have bought into bills over the last week, reversing some sales earlier. The Central Bank raised limits for foreign holdings of […]

Dec 07, 2011 (LBO) – Sri Lanka’s Treasuries yields increased across maturities at Wednesday’s auction with the average 12-month yield topping 9.0 percent for the first time in over 17-months official data shows. The 3-month yield rose 8 basis points to 8.28 percent, the 6-month yield rose 6 basis points to 8.56 percent and the […]

Dec 01, 2011 (LBO) – State-run Sri Lanka Ports Authority will sell a 500 million dollar bond to settle loans from Japan which are causing losses due to the appreciation of the yen, an official said. He said SLPA had taken yen loans to the value of 46 billion rupees from mid 1980s, repaid a […]

Nov 30, 2011 (LBO) – Sri Lanka’s Treasuries yields rose across maturities with 12-month yields rising 49 basis points to 8.99 percent at Wednesday’s auction, data from the state debt office showed. The peg came under pressure as interest rates did not keep pace with credit growth earlier in the year. The 3-month yield rose […]

Nov 26, 2011 (LBO) – Sri Lanka’s Wealth Lanka Management (Pvt) Ltd, an investment house, and Al Tayseer Advisory Services Sdn. Bhd a Malaysia based consultancy has linked up to provide Islamic banking and bond market instruments, officials said. The firm advices on Islamic banking and corporate finance and advisory services for specialist industries like […]

Nov 23, 2011 (LBO) – Sri Lanka has to balance the needs of export and import substitution industries against bond markets, Treasury Secretary P B Jayasundera said two days after a step devaluation of the rupee announced in the budget. “We need to balance,” Jayasundera told members of the Institute of Chartered Accountants of Sri […]

Nov 23, 2011 (LBO) – Sri Lanka’s Treasuries yields rose steeply across maturities at Wednesday’s auction with average one year yield touching 8. 50 percent, data from the state debt office showed. Following the auction there were quotes for a bond maturing in 2015 at around 10. 25/11.00 percent, dealers said. Update The 3-month yield […]

Nov 22, 2011 (LBO) – Sri Lanka’s bonds were illiquid with two way quotes absent for several maturities Tuesday as market participants looked for direction following a surprise devaluation of the rupee, dealers said. The Central Bank gave guidance to the market at 113.50/90 rupees through a state bank. Liquidity in bond markets dried up […]

Nov 16, 2011 (LBO) – Sri Lanka’s 3 and 6 month Treasuries yields rose at Wednesday’s auction and all bids for 12 months bills were rejected, data from the state debt office showed. Three month bills rose 12 basis points to 7.51 percent, 6-month bills rose 9 basis points to 7. 54 percent. Last week […]

Nov 08, 2011 (LBO) – Sri Lanka’s Treasuries yields rose as much as 15 basis points at auction Tuesday, a week after an entire auction was rejected, data from the state debt office showed. Meanwhile Sri Lanka’s inflation index in the capital Colombo eased to 5. 1 percent in October. Corrected/date The 3-month yield rose […]