PM to introduce liability Mgmt. fund; funds to be raised with transparency
Oct 20, 2017 (LBO) – Sri Lanka’s Prime Minister told Parliament Friday that they will introduce a comprehensive secondary market trading platform and a …
Bills & Bonds
Aloysius passed on sensitive bond information: report
Sept 06, 2017 (LBO) - Recordings of conversations between Arjun Aloysius and CEO of Perpetual Treasuries Kasun Palisena show that Aloysius had passed on …
CB suspends Pan Asia Bank primary dealership for 6 months
Aug 15, 2017 (LBO) – Sri Lanka’s Central Bank has suspended business activities of the primary dealer of Pan Asia Banking Corporation (PABC) for a period …
No Confidence Motion against Sri Lankan Foreign Minister submitted
By P.K. Balachandran Thirty two members of the Joint Opposition in the Sri Lankan parliament on Thursday submitted to the Speaker a Motion of No Confidence …
Central Bank introduces new primary issuance system for T-bonds
July 25, 2017 (LBO) – Sri Lanka’s Central Bank is to introduce a new primary issuance system for Treasury bonds. Effective from July 27, 2017, the new …
Presidential Commission on Bonds extended further by 3 months
July 25, 2017 (LBO) – Sri Lanka’s President has extended the time period of the Presidential Commission of inquiry to investigate and inquire into the …
Central Bank suspends business of Perpetual Treasuries for 6 months
July 06, 2017 (LBO) – The Monetary Board of the Central Bank of Sri Lanka on Thursday suspended Perpetual Treasuries Limited from carrying on the business …
Sri Lanka USD515mn development bond oversubscribed
June 28, 2017 (LBO) – The issue of Sri Lanka development bonds amounting to 515 million US dollars has been oversubscribed with close to 1 billion US dollars …
Sri Lanka’s Central Bank to sell USD515mn development bonds
June 19, 2017 (LBO) – Sri Lanka’s Central Bank will issue 515 million US dollar development bonds with a tenor of 1 year 7 months, 3 years, 4 years and 4 …
Moody’s assigns B1 rating to Sri Lanka’s global bond offering
May 08, 2017 (LBO) – Moody's Investors Service has assigned a B1 rating to Sri Lanka's US dollar bond offering maturing in 2027 with a negative outlook on …
Fitch assigns Sri Lanka’s dollar bond B+ (EXP) rating
May 04, 2017 (LBO) – Fitch Ratings has assigned Sri Lanka's upcoming US dollar-denominated bonds an expected rating of B+(EXP). The rating agency said the …
Sri Lanka to double Development Bond limit to raise liquidity
Apr 26, 2017 (LBO) – Sri Lanka’s Finance Ministry is to increase the limit of issuing Sri Lanka Development Bonds (SLDBs) from 1,500 million US dollars to …