Category: Bills & Bonds

Nov 25, 2009 (LBO) – Sri Lanka’s Treasury bills yields were flat at this weeks auction, with the government rolling over 11.5 billion rupees of securities and raising 241 million rupees in fresh debt at Wednesday’s auction. The government’s debt office said the 3-month yield was 7.25 percent, the 6-month yield was 8.33 percent and […]

Nov 18, 2009 (LBO) – Sri Lanka Treasury bill yields fell across the board following a 50 basis point rate cut earlier in the day, and with the 3-month yield slipping below the repo rate at which cash is drained from the system. The debt office, which is a unit of the Central Bank, said […]

Nov 16, 2009 (LBO) – Sri Lanka’s First Capital Holdings said profits in the September 2009 quarter soared over ten times to 168.1 million rupees from 16.1 million on bond gains from is primary dealer unit.Sri Lanka’s bond yields have plummeted over 2009 as the Central Bank cut interest rates and foreign capital flowed into […]

Nov 11, 2009 (LBO) – Sri Lanka’s Treasury bill yields have fallen 947 to 950 basis points at primary auctions over the past year, helped by easier monetary policy, foreign investment into Treasuries and lower inflation, the Central Bank said.At Wednesday’s auction 3-month yields fell to 7.73 percent, the 6-month yield fell 22 basis points […]

Nov 11, 2009 (LBO) – Sri Lanka’s 3-month Treasuries yield fell below the repo rate of 8.00 percent at which the Central Bank drains cash from the banking system in a currency board-style free fall of interest rates amid excess liquidity and weak credit demand.The 3-month yield fell 41 basis points to 7.73 percent, the […]

Nov 04, 2009 (LBO) – Sri Lanka’s Treasury bill yields fell across the board with the 3-month yield falling 36 basis points to 8.14 percent, at Wednesday’s auction just above the 8.00 repo rate at which the monetary authority drains liquidity from markets. The Central Bank’s reverse repo rate at which cash in injected to […]

Oct 28, 2009 (LBO) – Sri Lanka’s Treasuries yields plummeted across the board Wednesday, a day after country’s president ordered a 700 basis point lending rate cut in state banks.The 3-month bill yield fell 60 basis points to 8.50 percent, the 6-month yield fell 41 basis points to 9.35 percent and the 12-month yield fell […]

Oct 21, 2009 (LBO) – Sri Lanka Treasuries yields eased across the board at Wednesday’s auction with the 3-month yield falling 05 basis points to 9.10 percent, the government’s debt office said. The debt office, which is a unit of the Central Bank, said 7.5 billion rupees of bills were offered for roll over and […]

Oct, 16, 2009 (LBO) – A 500 million US dollar sovereign bond by Sri Lanka has drawn 6.8 billion US dollars in bids from 269 buyers pushing yields lower than expected on strong country prospects and high demand. Fund managers got 78 percent of the bonds, banks 8 percent, retail 7 percent, 4 percent to […]

Oct 15, 2009 (LBO) – A 500 million US dollar denominated bond maturing in 2015 now being sold by Sri Lanka may yield about 7.75 percent a year, lower than Sri Lanka’s first sovereign bond issued in 2007, a media report said. Foreign reserves have topped 4.4 billion US dollars from a low of around […]

Oct 14, 2009 (LBO) – Sri Lanka’s 6-month Treasury bill yield moved to single digits falling 29 basis points to 9.81 percent at Wednesday’s auction, and the 3-month yield fell 11 basis points to 9.15 percent, the government’s debt office said. Sri Lanka’s longer term bill yields have also been falling steadily.The central bank has […]

Sept 30, 2009 (LBO) – Sri Lanka Treasuries bill yields fell across the board at Wednesday’s auction with the 3-month yield dropping 22 basis points to 9.48 percent, the government’s debt office said. The 6-month yield fell to 09 basis points to 10.63 percent. The 12-month yield fell 08 basis points to 11.09 percent. The […]