Category: Bills & Bonds

Sept 24, 2009 (LBO) – A limit of 10 percent of outstanding government bonds remains in place, and foreign investors still have room to buy Sri Lanka government bonds, Central Bank Governor Nivard Cabraal said.“The limits remains the same,” Governor Cabraal said. “There is no change. “The borrowings will take place as and when the […]

Sept 23, 2009 (LBO) – Sri Lanka’s 3-month Treasury bill yields fell 34 basis points to 9.70 percent at Wednesday’s auction, the government’s debt office said. The debt office, which is a unit of the Central Bank said out of 9,500 million rupees maturing bills 9,500 million rupees’ worth had been sold to the market. […]

Sept 18, 2009 (LBO) – Sri Lanka’s 500 million US dollar bond deal has been given to HSBC, JP Morgan, and Royal Bank of Scotland who will be joint managers and underwriters, the Central Bank said. Foreign fund managers have been pouring into the country’s government bond markets to buy high yielding rupee bonds which […]

Sept 16, 2009 (LBO) – Sri Lanka’s Treasuries yields fell across maturities at Wednesday’s auction with 3-month yields falling 50 basis points to 10.04 percent the government’s debt office said. The 6-month yield fell 43 basis points to 10.96 percent and the 12-month yield fell 47 basis points to 11.50 percent. The debt office which […]

Sept 14, 2009 (LBO) – Sri Lanka has sold 41 million US dollars of 3-year dollar denominated bonds rolling over 35 million US dollars of maturing 2-year debt, the government’s debt office said.The dollar bonds are aimed at domestic investors including banks who are eligible to hold dollar assets. The bonds, labeled Sri Lanka Development […]

Sept 11, 2009 (LBO) – Sri Lanka is getting closer to choosing managers for a 500 million US dollar bond with top names in the international investment banking circuit making presentations to the island’s authorities. Sri Lanka has been attracting the attention of big international names of late, more than a billion US dollars pouring […]

Sep 10, 2009 (LBO) – Sri Lanka is selling 3-year bonds for 50 million US dollars in the local market to qualified investors who can hold dollar assets, the government’s debt office said.The bonds will pay interest based on the 6-month London interbank rate (LIBOR).A 35 million US dollars in bonds are maturing this month. […]

Sept 10, 2009 (LBO) – Sri Lanka’s first sovereign bond which has a coupon above 8.25 percent has started to trade above par in recovering from steep discounts seen before an internal war ended, an official said. Sri Lanka is now evaluating bids from seven international investment banks to float another 500 million US dollar […]

Sept 09, 2009 (LBO) – Yields of Sri Lanka government bonds remained flat at Wednesday’s auction with only 8.8 billion rupees out of 12.0 billion rupees of maturing bills being sold to the market, the government’s debt office said.The 3-month average yield was down 01 basis point to 10.54 percent, the 6-month yield was down […]

Sept 04, 2009 (LBO) – Seven investment banks have submitted proposals to sell a 500 million US dollar sovereign bond for Sri Lanka in October, the government’s debt office said.The debt office which is a unit of the Central Bank said a committee made up of finance ministry and central; bank officials was now evaluating […]

Sept 03, 2009 (LBO) – Sri Lanka bond yield have fallen around 30 t0 40 basis points over the past week with high trading volumes and expectations of purchases by foreign buyers, dealers said.A 6-year bond maturing on 15.03.2015 which was quoted around 12.55/57 percent Tuesday from around 12.83/85 a week earlier. A 4-yar bond […]

Sept 01, 2009 (LBO) – Sri Lanka Treasuries yields were flat for the fourth week running at Tuesday’s auction with the 3-month yield at 10.55 percent, down 02 basis points and the 6-month yield at 11.42 percent, down 01 basis point, the government’s debt office said.However the Central Bank has been sterilizing liquidity on a […]