Sri Lanka raises one billion dollars at 6.25 percent
July 21, 2011 (LBO) – Sri Lanka raises has sold a 10-year sovereign bond at 6.25 percent to raise one billion dollars from international markets, a …
Money
Sri Lanka central bank buys dollars in June
July 15, 2011 (LBO) – Sri Lanka’s central bank has bought 92.5 million US dollars from interbank forex markets in June, ending two months of net …
Sri Lanka to allow cross-border deals in Renminbi
June 29, 2011 (LBO) – Sri Lanka will allow international transactions to be conducted through banks in Renminbi, China’s currency, as trade and …
Sri Lanka central bank on gold sales
June 14, 2011 (LBO) – Sri Lanka’s central bank said it does not sell gold in the domestic market, but only in the international market adding that …
Sri Lanka foreign reserves ease in early June
June 14, 2011 (LBO) – Sri Lanka’s foreign reserves eased to 7,055 million dollars by early June 2011 from 7,163 million dollars at the end of …
Sri Lanka central bank on sell side of peg
June 06, 2011 (LBO) – Sri Lanka’s central bank has been on the sell side of its dollar peg for two months in a row, selling more than 250 million …
Sri Lankan firms allowed to borrow abroad
Apr 07, 2011 (LBO) – Sri Lanka’s central bank has begun allowing companies to borrow abroad, calling for applications from firms for loans up to 20 …
Sri Lanka oration: RBI chief rubbishes SDR as dollar replacement
Mar 30, 2011 (LBO) – India’s central bank chief has rubbished the use of the International Monetary Fund’s special drawing rights (SDR) as a …
Sri Lanka’s new currency notes from today
Feb 07, 2011 (LBO) – Sri Lanka’s central bank has issued a new series of currency notes featuring economic infrastructure, traditional dancers and …
Sri Lanka retailer raises 5-year money through securitization
Jan 24, 2011 (LBO) – Sri Lanka’s NDB Investment Bank said it had raised a billion rupees for Richard Pieris Distributors, retail chain, for five …
Sri Lanka CB net forex buyer in December: data
Jan 08, 2010 (LBO) – Sri Lanka’s Central Bank has been a net buyer in foreign exchange in December following three months of net sales amid …
Sri Lanka rupee seen appreciating gently in 2011
Jan 04, 2011 (LBO) – Sri Lanka’s rupee is likely to further strengthen against the dollar in 2011 after gaining 3.1 percent against the greenback …
Sri Lanka to issue Rs5,000 note
Dec 16, 2010 (LBO) – Sri Lanka’s central bank plans to print and issue a 5,000-rupee note from next February, deputy governor K G G D Dheerasinghe …
Sri Lanka rupee appreciation in ‘national interest’: CB governor
Dec 08, 2010 (LBO) – The Sri Lankan rupee was allowed to appreciate against the dollar in the ‘national interest’ with the government having …
Sri Lanka new gilt-edged fund eyes small investors
Nov 30, 2010 (LBO) – Ceybank Asset Management (CAM), Sri Lanka’s largest unit trust fund manager, has launched an open ended gilt-edged fund aiming …
Sri Lankan firms can sell rated debt to foreigners: Central Bank
Nov 23, 2010 (LBO) – Sri Lankan firms can sell corporate debt to foreign buyers provided the securities are rated and not priced over 200 basis points …
Sri Lanka in final stretch for gold ETFs
Nov 20, 2010 (LBO) – Sri Lanka has hammered out a regulatory framework for exchange traded funds (ETFs), a pooled investment scheme, which will also …
Sri Lanka firm in record asset securitization
Oct 28, 2010 (LBO) – Sri Lanka’s People’s Leasing Company (PLC) has raised 1.4 billion rupees by selling lease-backed securities, which the …
Sri Lanka to regulate OTC debt
Oct 27, 2010 (LBO) – Sri Lanka will regulate over-the-counter debt securities by specifying disclosure requirements, a regulatory official said, amid …
Singapore, Australian bourses to form new trading powerhouse
SINGAPORE, October 25, 2010 (AFP) – The Singapore and Australian stock exchanges on Monday announced a multi-billion dollar merger that will create one …