Category: Bills & Bonds

Nov 19, 2008 (LBO) – Sri Lanka treasuries yields were flat with only 1.7 billion rupees of bills out of a maturing tranche of 5.0 billion rupees being sold, the government’s debt office said.Meanwhile, dealers said 2-year bonds were being offered at 21.0 percent. The 3-month yield was 17.20 percent, the 6-month yield 18.28 percent […]

Oct 05, 2008 (LBO) – Sri Lanka sold 2-year bonds maturing in September 2010 in an auction Tuesday at an average of 20.43 percent, a day after bonds maturing in April 2010 were traded at 22.00 percent amid foreign selling, dealers said. The September 2010 bond was last auctioned also at 20.34 percent on October […]

Nov 02, 2008 (LBO) – Sri Lanka central bank’s Treasury bills stock rose to 77 billion rupees two days after the monetary authority broke a peg with the US dollar but failed to establish a clean float of the currency, the latest data shows.On Thursday a peg at 108.00 rupees to the US dollar was […]

Oct 31, 2008 (LBO) – Sri Lanka’s bond yields spiked than 100 basis points and secondary market yields more than 100 basis points at this week’s auction. On Thursday the central bank broke a US dollar peg at 108.00 rupees and is now defending a new rate of 110.00 rupees. The 2-year bond yield shot […]

Oct 30, 2008 (LBO) – Sri Lanka’s central bank has announced auctions to buy back six billion rupees of short term bills at market rates, while overnight liquidity injection volumes were at 21 billion rupees.The Central Bank Thursday offered to buy 2.0 billion rupees of 70-day bills, 2.0 billion rupees of 77 day bills and […]

Oct 22, 2008 (LBO) – Sri Lanka rejected an entire Treasury bill auction Wednesday while the yield of a bond popular among foreign investors spiked and heavy central bank intervention in currency markets continued, dealers said. The government’s debt office said all bids at the auction were rejected. Last week 3-month bills were auctioned at […]

Oct 16, 2008 (LBO) – Sri Lanka’s state run Bank of Ceylon is selling three billion rupees worth 5-year 19 percent stock exchange listed bonds, with options of floating interest and interest at maturity also offered, officials said. The bank also offered a 30 million US dollar bond to the market last month.The bank could […]

Sept 30, 2008 (LBO) – Trading in Sri Lanka’s bond markets dried up Tuesday as market participants took stock of a sudden spike in rates at an auction a day earlier, amidst turmoil in international markets, dealers said.The government sold a bond maturing in July 2012 at 19.09 percent on Monday, up steeply from an […]

Sept 25, 2008 (LBO) – Sri Lanka’s Treasury bill yields spiked at Wednesday’s auction while the government resumed sales of 3-month bills, the government’s debt office said.The 12-month bill yield also spiked 72 basis points 19.06 percent. The government raised 525 million rupees selling 3-month bills at 17.22 percent after an absence of several weeks. […]

Sept 19, 2008 (LBO) – Sri Lanka’s state-run Bank of Ceylon is selling a 30 million US dollar 5-year bond which will pay a floating interest rate every six months, dealers and officials said. This week top central banks have been printing billions of dollars, Euro and Yen to fill disappearing liquidity with AIG Insurance […]

Sept 15, 2008 (LBO) – Sri Lanka has raised 60 million US dollars in 2-year bonds at a premium of 2.895 percent above the London Interbank Offered Rate (LIBOR) to help repay a maturing 70 million US dollar bond issue, the government’s debt office said.The Central Bank said the money would go to settle a […]

Sept 03, 2008 (LBO) – Sri Lanka’s Treasury bill yields fell at Wednesday’s auction with 6-month bills falling 26 basis points to 17.75 percent, and 12-month yields fell 10 basis points to 18.50 percent, the government’s debt office said. Three month bills were not offered. The debt office, which is a unit of the central […]