Sri Lanka Bank of Ceylon to sell Rs8.0bn in debt
Sept 27, 2013 (LBO) – Sri Lanka’s state-run Bank of Ceylon is to raise 8.0 billion rupees through subordinated debt, Fitch Ratings said giving a …
Money
Sri Lanka bank liquidity surge, overnight rates lower
Sept 23, 2013 (LBO) – Sri Lanka’s interbank rupee liquidity has surged to 80 billion rupees, following the conversion of proceeds of the a dollar …
Sri Lanka stocks down, rupee stronger
Sept 23, 2013 (LBO) – Sri Lanka stocks fell 0.54 percent Monday losing some of gains from a surge on Friday the rupee strengthened, brokers and dealers …
Sri Lanka sells smaller bill volume at auction
Sept 04, 2013 (LBO) – Sri Lanka has accepted only 2.7 billion rupees of bids for an auction of 9.0 billion rupees of maturing bills Wednesday with yields …
Sri Lanka Forex Association gets new head
Sept 03, 2013 (LBO) – Sri Lanka Forex Association, made up members engaging in dealing Treasury related products in the island’s interbank markets …
Sri Lanka tightens rules on car imports amid currency pressure
Aug 30, 2013 (LBO) – Sri Lanka has imposed a 100 percent cash margin on letters of credit to import cars to slow the imports of cars, the Central Bank …
Sri Lanka rupee under moral suasion, bonds ease
Aug 30, 2013 (LBO) – Sri Lanka’s rupee was quoted at 132.95/133.10 to the US dollar in the spot next market amid moral suasion dealers said while …
Sri Lanka opposition warns on foreign borrowings, exchange rate
Aug 29, 2013 (LBO) – Sri Lanka’s main opposition United National Party has warned on continued foreign borrowings and the current developments in …
Sri Lanka’s rupee hits new low
Aug 28, 2013 (LBO) – Sri Lanka’s rupee hit a new low of near 135.00 to the US dollar in the spot next market Wednesday dealers said, while bond …
Sri Lanka rupee fall temporary aberration: CB Governor
Aug 28, 2013 (LBO) – A sharp fall in Sri Lanka’s rupee was a temporary aberration Central Bank Governor Nivard Cabraal said after the rupee …
Sri Lanka bourse to boost secondary debt trading
Aug 23, 2013 (LBO) – Sri Lanka’s Colombo Stock Exchange expects to allow primary dealers in gilts and other financial intuitions to deal listed …
Sri Lanka debt sales to expand 3-fold in five years
Aug 06, 2013 (LBO) – Sri Lanka domestic and foreign currency issues will expand three fold over the next five years, Fitch Ratings said in Colombo. …
Sri Lanka sovereign and banking forum by Fitch
July 31, 2013 (LBO) – Fitch Ratings will hold a sovereign and banking roundtable forum in Colombo on August 06, where senior analysts from the rating …
Sri Lanka rupee stronger amid thin liquidity
July 23, 2013 (LBO) – Sri Lanka’s rupee was steady amid thin liquidity in the spot market against the US dollar for the second day in a row, with …
Sri Lanka to keep rates on hold till September: report
July 17, 2013 (LBO) – Sri Lanka expects to keep rates on hold till September, and policy rates will be kept unchanged this month, a media report said. …
Sri Lanka rupee weak, excess liquidity high
July 08, 2013 (LBO) – Sri Lanka rupee weakened Monday and quotes in the spot market dried up following moral suasion dealers said, as high levels of …
Sri Lanka’s Hayleys debenture subscribed
July 02, 2013 (LBO) – A debenture offer by Sri Lanka’s Hayleys Plc, a diversified group has been oversubscribed with more than 2.0 billion rupees …
Sri Lanka money market fund by Asset Trust
July 02, 2013 (LBO) – Sri Lanka’s Asset Trust Management (Pvt) Ltd, a fund management company said it has launched a money market mutual fund, …
Sri Lanka kills some liquidity ahead of cash flood
July 01, 2013 (LBO) – Sri Lanka’s central bank has killed billions of rupees in excess liquidity ahead of a flood of new cash into the interbank …
Sri Lanka rupee reaches 130 to the dollar
June 27, 2013 (LBO) – Sri Lanka’s rupee was quoted as weak as 130.75/90 to the US dollar in the spot market Thursday, dealers said. In December the …