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 …
Bills & Bonds
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 …
Sri Lanka secures USD1Bn Foreign Currency Term Financing Facility
Oct 17, 2018 (LBO) – Sri Lanka has secured 1,000 million US dollars from the China Development Bank (CDB) under the Foreign Currency Term Financing Facility …
Central Bank introduces whistleblowing policy & code of conduct for employees
Oct 15, 2018 (LBO) – Sri Lanka’s Central Bank said a whistleblowing policy and a new code of conduct for all employees have been introduced as part of the …
Net foreign outflows from Sri Lanka’s stock/bond markets cross $ 500mn YTD
October 12, 2018 (LBO) – Net foreign selling of Sri Lanka’s stocks and bonds has crossed US$500 million dollars for 2018. The outflows, which have been a …
Interest rates move sharply higher in Sri Lanka’s latest treasury bill auction
October 10, 2018 (LBO) - Interest rates moved sharply higher in treasury bond auctions today. online pharmacy buy abilify with best prices today in the USA buy …
CB Governor says bank deposit and lending rates need to come down
Aug 08, 2018 (LBO) – Sri Lanka's Central Bank Governor Indrajit Coomaraswamy expressed concern on the current deposit and lending rates of the banks. …
First Capital downgrades exchange rate target to 161 rupees for end 2018
July 11, 2018 (LBO) – First Capital Research said they downgraded their exchange rate target from 159 rupees to 161 rupees per dollar for end 2018 since a …
Central Bank maintains policy interest rates at current levels
July 06, 2018 (LBO) – Monetary Board of the Central Bank, at its meeting held on 05 July 2018, has decided to maintain policy interest rates at their …
Perpetual Treasuries suspension of business extended by 6 months
July 05, 2018 (LBO) – Monetary Board of the Central Bank acting in terms of the regulations made under the Registered Stock and Securities Ordinance and the …