Business suspension of Perpetual Treasuries extended
Jan 06, 2020 (LBO) – Monetary Board of the Central Bank of Sri Lanka has decided to extend the suspension of Perpetual Treasuries Limited (PTL) from carrying …
Bills & Bonds
Fitch revises Outlook on Sri Lanka to Negative; affirms at ‘B’
Dec 19, 2019 (LBO) – Fitch Ratings has revised the Outlook on Sri Lanka’s Long-Term Foreign-Currency Issuer Default Rating (IDR) to Negative from …
Investor Dr. Mark Mobius in Colombo next week
Dec 03, 2019 (LBO) – Colombo’s upcoming major mixed development, Cinnamon Life announced the visit of the legendary emerging markets investment …
Attorney General advises Central Bank not to make Forensic Audit reports public
Nov 12, 2019 (LBO) – Sri Lanka’s Attorney General has opined that the findings of the Forensic Audit reports should be treated as having the potential …
First Capital recommends investors to increase exposure in mid-long tenor bonds
Oct 24, 2019 (LBO) – First Capital Research recommends investors to increase overall fixed income portfolio exposure to 50 percent from 45 percent. The firm …
Sri Lanka calls for proposals to appoint arrangers for JPY 60bn Samurai bond
Sep 09, 2019 (LBO) – Sri Lanka’s Central Bank on behalf of the government has invited proposals from banks and investment houses for consideration to be …
Foreign appetite for Sri Lankan bonds vanishes
September 2, 2019 (LBO) – Why have Sri Lanka’s government bonds become so unattractive? Foreign institutional appetite for Sri Lanka’s rupee …
Sri Lanka’s credit profile reflects ongoing liquidity & external vulnerability risks: Moody’s
Aug 30, 2019 (LBO) – Moody’s Investors Service says in a new report that the credit profile of Sri Lanka (B2 stable) reflects ongoing government …
Foreign institutional bond selling spikes amid CBSL rate cuts
August 24, 2019 (LBO) – The 2018-2019 foreign exodus from Sri Lanka’s government bond markets has picked up speed in recent weeks with total net …
Samurai Bond to support reserves to maintain around USD8Bn throughout 2019: FC
Aug 20, 2019 (LBO) – Sri Lanka’s First Capital Research believes that the raising of 500 million dollars via Samurai Bonds is likely to support to maintain …
First Capital recommends investors to reduce exposure in low yield bonds
Aug 01, 2019 (LBO) – Sri Lanka’s First Capital recommends investors to reduce overall portfolio exposure to 45 percent from 60 percent. The firm …
Sri Lanka’s 1st dollar sovereign bond fund poised for global investors
Jul 26, 2019 (LBO) – Strong demand on the recent issuance of Sri Lankan International Sovereign Bonds (ISB) signals potential for a strong economic …
Perpetual Treasuries suspension of business activities extended by 6 months
July 05, 2019 (LBO) – Monetary Board of the Central Bank has decided to extend the suspension of Perpetual Treasuries Limited (PTL) from carrying on the …
Fitch rates Sri Lanka’s USD bonds final ‘B’
July 01, 2019 (LBO) – Fitch Ratings has assigned Sri Lanka’s 500 million US dollars, 6.35% bonds due 2024 and 1.5 billion 7.55% bonds due 2030 a final …
Sri Lanka successfully launches USD bond with over 3 times oversubscription
Jun 25, 2019 (LBO) – Sri Lanka returned to the US dollar bond markets, successfully pricing a new issuance of 500 million dollars 5-year and 1.5 billion …
Moody’s assigns B2 rating to Sri Lanka’s proposed senior unsecured USD bonds
Jun 24, 2019 (LBO) – Moody’s Investors Service has today assigned a B2 rating to Sri Lanka’s proposed senior unsecured US dollar-denominated …
Fitch assigns Sri Lanka’s USD bonds expected rating of ‘B(EXP)’
Jun 24, 2019 (LBO) – Fitch Ratings has assigned Sri Lanka’s forthcoming US dollar bonds an expected rating of ‘B(EXP)’. The rating agency …
Sri Lanka to raise up to Rs 480bn debt under Active Liability Management Act
Jun 19, 2019 (LBO) – Cabinet nod has been received to move a resolution in Parliament to raise up to 480 billion rupees under the provisions of the Active …
Foreigners flee Sri Lankan bonds with Rs11bn outflows this week
May 10, 2019 (LBO) – Foreign institutional selling of Sri Lanka’s government bonds picked up pace in the past week with approximately Rs11bn …
Central Bank wants to reduce lending rates to SMEs by 200 bps in near term
Apr 29, 2019 (LBO) – Sri Lanka’s Central Bank expects the lending rates to reduce by around 200 basis points to SMEs in the near term that would …