Category: Bills & Bonds

April 02, 2008 (LBO) – Sri Lanka’s Treasury bill rates were flat after an auction in which the government sold 10 billion rupees worth of maturing bills, the government’s debt office said.The government sold 5.6 billion rupees worth 3-month bills at 18.40 percent, up 01 basis point, 2.9 billion rupees of 6-month bills at 18.97 […]

Mar 26, 2008 (LBO) – Sri Lanka’s Treasury bill rates moved up by 1 to 3 basis points across maturities at an auction Wednesday, the government debt office said, after rolling over only 6.2 billion rupees out of 10 billion rupees worth maturing bills.The 3-month average yield was up 3 basis points to 18.39 percent […]

March 11, 2008 (LBO) – Sri Lanka is selling three maturities of rupee bonds to foreign buyers valued at five billion rupees under a new process with bids closing on March 17, the government’s debt office said. Updated The Central Bank which runs the debt office said two billion rupees of bonds maturing on 2010, […]

Mar 11, 2008 (LBO) – Sri Lanka has raised 400 million rupees from 3-year bonds at a average price of 17.05 percent, the government’s debt office said. The government offered one billion rupees of 2011A series bonds maturing on February 15, 2011 which carry a coupon rate of 14.5 percent at Tuesday’s auction. The debt […]

Feb 27, 2008 (LBO) — Sri Lanka’s treasuries yields edged lower at Wednesday’s auction with the 3-month yield falling 11 basis points to 18.48 percent, the government’s debt office said. The 6-month yield fell 03 basis points to 18.97 percent and the 12-month yield fell 06 basis points to 19.04 percent. The government raised 5.9 […]

Feb 19, 2008 (LBO) — Sri Lanka’s 12-month Treasury bill yield fell 33 basis points to 19.10 percent while the popular three month bills fell 38 basis points to 18.59 percent at a an auction Tuesday, the government’s debt office said. The less liquid 6-month bills fell 27 basis points to 19.00 percent. The government […]

Feb 01, 2008 (LBO) – Sri Lanka has more than doubled the coupons on its two year bonds, the government’s debt office said, in a move that will give the government more immediate cash. The debt office offered 750 million rupees of 2-year bonds maturing on January 15, 2010 Friday, with a coupon of 15.50 […]

Jan 31, 2008 (LBO) — Sri Lanka’s 500 million dollar maiden sovereign bond, issued last October soon after the sub-prime bubble broke, has bagged a top award from an international financial publication. Finance Asia named Sri Lanka’s issuance the best sovereign bond as it was pulled off amid difficult circumstances. The bond was lead-managed by […]

Jan 30, 2008 (LBO) — Average yields at a Treasury bill auction remained steady Wednesday but the government was fishing for more cash after the auction, dealers and the debt office said. Treasuries were extensively sold on ‘tap’ after the auction by the debt office, which is part of the Central Bank, in December 2007, […]

Jan 23, 2008 (LBO) — Sri Lanka is looking to cut interest costs on a fixed coupon 500 million dollar sovereign bond by using derivatives Central Bank Governor Nivard Cabraal said, as US interest rates continue to fall.Since then the rupee has been stable, making dollar loans – at whatever price – much cheaper than […]

Jan 16, 2007 (LBO) — Sri Lanka’s treasuries yields settled lower at Wednesday’s auction as the government rolled over 9.7 billion rupees of maturing bills, the debt office said, while the rupee made further gains against the US dollar. Three month yields fell to 87 basis points to 19.25 percent, 6-month bills fell 50 basis […]

Jan 14, 2008 (LBO) – Sri Lanka bonds edged up slightly Monday but 3-month bill yields are expected to move down further at Wednesday’s auction, dealers said.In the secondary market 3-month bills were trading at 18.45/19.00 percent against a weighted average of 20.12 percent at the last auction, while 6-month bills were quoted at 18.90/19.25 […]