Category: Bills & Bonds

Asian Development Bank (ADB) is pushing for publicly tradable securitised bonds in the capital market.Asian Development Bank (ADB) is pushing for publicly tradable securitised bonds in the capital market. The bank is to support a securitisation bill to parliament so that Special Purpose Vehicles or SPV’s used in these deals, can be set up as […]

Sri Lanka’s central bank will issue five-year treasury bonds later this week for the first time since late 2003 to try and extend the yield curve for government securities, a central bank official said Wednesday Sri Lanka’s central bank will issue five-year treasury bonds later this week for the first time since late 2003 to […]

Sri Lanka Telecom’s maiden US$ 100 mn five-year bond issue has been oversubscribed ten times, a spokesman for one of the lead managers said Friday. Sri Lanka Telecom’s maiden US$ 100 mn five-year bond issue has been oversubscribed ten times, a spokesman for one of the lead managers said Friday. Priced under seven percent the […]

Central Bank told primary dealers that four and five year bond auctions will be held soon after gilt yields declined in the market.Central Bank told primary dealers that four and five year bond auctions will be held soon after gilt yields declined in the market. Central Bank says four-year bonds will be on offer at […]

Hatton National Bank has created a special account to transfer over four billion rupees worth of bonds, after its portfolio fell victim to a drop in treasury yields. Hatton National Bank has created a special account to transfer over four billion rupees worth of bonds, after its portfolio fell victim to a drop in treasury […]

The Central Bank has raised US$ 50 mn on behalf of the government by way of a two-year Sri Lanka Development bond priced at 179.51 basis points above six months LIBOR. The Central Bank has raised US$ 50 mn on behalf of the government by way of a two-year Sri Lanka Development bond priced at […]

Sri Lanka’s Central Bank said Tuesday that it may float a planned US$ 200-million bond issue later this year or early next year – depending on market conditions.Sri Lanka’s Central Bank said Tuesday that it may float a planned US$ 200-million bond issue later this year or early next year – depending on market conditions. […]

The government is issuing a US$ 50 mn two-year bond, next month as part of its fund raising drive to bridge the budget deficit.The government is issuing a US$ 50 mn two-year bond, next month as part of its fund raising drive to bridge the budget deficit. The issue is part of the government’s efforts […]

Treasury bond yields have climbed nearly 300 basis points in the last eight months since the Presidents takeover of three key ministries that led to elections and a UPFA government taking office.Bond dealers expect yields to climb further if the government goes on a spending spree funded through the banking system. rn rnA spending spree […]

After a two-year hiatus, the government is tapping the international debt market to raise US$ 250 mn, to bridge the budget deficit.The Sri Lanka Development Bond issue will once again hit the limelight in July when the Central Bank re-issues US$ 91.5 mn worth of paper and US$ 158.5 mn in new issues.rn rnldblquote The […]

The Asian Development Bank (ADB) today launched AsianBondsOnline, a one-stop clearing house of information on the rapidly growing sovereign and corporate bond markets in the region.rnrnThe ABMI aims to enable private as well as public sectors to raise and invest long-term capital while effectively managing maturity and currency risks. rn rnDeep, liquid bond markets mitigate […]

Bond dealers are expecting the Monetary Board to cut benchmark Overnight rates next week as inflation continues to fall.Bond traders who have been making super profits over the last few months are counting on a 0.5 percent cut in the Repo and Reverse Repo rates.rnrnWhile gains on portfolios come from falls in interest rates, some […]