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 (US$60mn) of net …
Bills & Bonds
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 reduce …
CB introduces real time notifications for transactions in Govt securities via SMS, Email
Apr 08, 2019 (LBO) – Sri Lanka's Central Bank which operates and maintains the LankaSecure system has introduced an SMS, Email alert service from 25th March …
50 percent probability for a policy rate cut in April: First Capital Research
Apr 02, 2019 (LBO) – First Capital Research allocates a 50 percent probability for a policy rate cut in Apr 2019 as they are of the view that policy …
Opinion: Cabraal’s criticisms of $ 2.4bn bond offering undermine CBSL
March 22, 2019 (LBO) - Former Governor of the Central Bank of Sri Lanka (CBSL) during the Mahinda Rajapaksa administration, Ajith Nivard Cabraal, has come out …
Fitch Assigns Sri Lanka’s USD Bonds Final ‘B’ Rating
Mar 14, 2019 (LBO) - Fitch Ratings has assigned a final rating of 'B' to the following bonds issued by Sri Lanka on 7 March 2019: USD1 billion 6.85% bond …
Sri Lanka’s bond to be listed on LSE’s International Securities Market for first time
Mar 08, 2019 (LBO) – Sri Lanka's successful international sovereign bond offering is expected to be listed on the London Stock Exchange (LSE), to be admitted …
Deal Done! – Sri Lanka executes successful $ 2.4bn sovereign bond offering
March 8, 2019 (LBO) - In possibly the most significant economic development since Sri Lanka's constitutional crisis dealt a devastating blow to her economy, …
Moody’s assigns B2 rating to Sri Lanka’s senior unsecured US dollar bonds
Mar 07, 2019 (LBO) – Moody's Investors Service has today assigned a B2 rating to the Government of Sri Lanka's senior unsecured US dollar-denominated …
Fitch assigns Sri Lanka’s upcoming USD bonds an expected rating of B (EXP)
Mar 07, 2019 (LBO) – Fitch Ratings has assigned Sri Lanka's upcoming US dollar-denominated bonds an expected rating of 'B (EXP)'. The rating agency said the …
Rs.8bn inflows into securities since Jan; rupee appreciated 2.3-pct YTD: FM
Feb 21, 2019 (LBO) – Finance Minister Mangala Samaraweera says that foreign capital is now flowing back into the economy with 8 billion rupees worth inflows …
First Capital Research expects a continuation of policy rates at current levels
Feb 21, 2019 (LBO) – First Capital Research said it expects a continuation of monetary policy rates at current levels although they recognize an increased …
Sri Lanka’s USD200mn development bond issue undersubscribed
Jan 25, 2019 (LBO) – The issue of Sri Lanka development bonds amounting to 200 million US dollars have been undersubscribed with only 182 million dollars of …
Central Bank subscribes to Rs.90bn Treasury bills to assist govt financing
Jan 16, 2019 (LBO) – Central Bank says it subscribed to Treasury bills amounting to 90 billion rupees during this month at the request of the Treasury to …
Perpetual Treasuries suspension of business activities extended by 6 months
Jan 04, 2019 (LBO) – Monetary Board of the Central Bank has decided to extend the suspension of Perpetual Treasuries Limited (PTL) from carrying on the …
Sri Lanka to cut threshold for foreign investment in rupee denominated securities
Jan 02, 2019 (LBO) – Central Bank intends to reduce the threshold for foreign investment in rupee denominated Government securities from 10 percent of the …
Net outflows from securities market & CSE surpasses USD200mn in October
Dec 21, 2018 (LBO) – Sri Lanka’s Central Bank says the trend of foreign investment outflows from the financial account continued during October, with …
Sri Lanka assures lenders that debt payments will be met on due dates
Nov 21, 2018 (LBO) – Sri Lanka's government said it wishes to assure all lenders that all dues will be met on the due dates as has been the time-honored …
Moody’s downgrades Sri Lanka ratings to B2 amid political crisis
Nov 20, 2018 (LBO) – Moody's Investors Service has downgraded the Government of Sri Lanka's foreign currency issuer and senior unsecured ratings to B2 from …
Parliament passes resolution to raise Rs.310Bn under Active Liability Mgmt
Oct 26, 2018 (LBO) – Sri Lanka’s Parliament on Friday passed a resolution to raise up to 310 billion rupees by way of loans, in or outside Sri Lanka under …