Money changers given more time to put up capital
Feb 20 (LBO) – Money changers who lost their license have been given a second chance by the Central Bank to continue their business. Five money changers …
Money
Sri Lanka plans rated bond to restructure debt
Feb. 17 (Dow Jones)– Sri Lanka wants to float an international bond this year to gauge market response as well as see if it can raise debt at a …
Sri Lanka’s Central Bank stays pat on interest rates
Feb. 16 (LBO) – Sri Lanka’s Central Bank Thursday stayed put on policy rates for the second straight month, as it expects the 25-basis point hike …
Sri Lanka?s Central Bank maintains policy rates
Jan. 17 (LBO) — Sri Lanka’s Central Bank Tuesday left its benchmark interest rates unchanged at current levels as it expects the previous …
Sri Lanka raises 100 million dollars to meet oil import bill
Sri Lanka has raised a 100-million-dollar loan from foreign banks to help pay hefty oil import bills that threaten to blow a hole in the country’s …
Sri Lanka issues its first Rs. 2000 note
Sri Lanka has doubled the face value of its highest denomination currency note in a bid to meet the expanding needs of the economy, the Central Bank said …
Primary dealers climb on board the specialised debt exchange
Ending years of haggling, Sri Lanka’s Central Bank has given its blessings to allow secondary market trading of government securities on the specialised …
Sri Lanka’s Central Bank hikes interest rates
Sri Lanka’s Central Bank raised its key interest rates by quarter basis points for the fourth time on Thursday to reign in inflation and curb monetary …
Sri Lanka’s Central Bank hikes interest rates
Sri Lanka’s Central Bank Thursday raised its key interest rates by quarter basis points for the fourth time, to reign in inflation and curb monetary …
Sri Lanka’s borrowing costs flat
Sri Lanka’s borrowing costs were flat at this week’s treasury bill auction, as against the previous week’s sale, the Central Bank said …
Sri Lanka’s Central Bank leaves it policy rates intact
Sri Lanka’s Central Bank opted not to tinker with its policy rates ahead of a crucial Presidential poll on Thursday. Sri Lanka’s Central Bank opted …
Sri Lanka’s borrowing costs go up, speculation of a possible rate hike ahead of polls
Sri Lanka’s borrowing costs went up by about 10-15 basis points at this week’s treasury bill auction, leaving room for speculation that the Central …
Sri Lanka picks Citigroup to raise dollar loan
Sri Lanka has picked Citigroup Inc., of US to lead arrange a US$ 100 million syndication loan for the government, Finance Minister Sarath Amunugama said …
Lanka Rating off to a flying start
Lanka Rating Agency, a unit of Malayasia’s Rating Agency Malaysia, has secured 15 mandates in its first few months of operation, officials said Thursday. …
Central Bank taps primary dealers for ideas
Sri Lanka’s Central Bank has sought views from market players to improve the primary dealer system, in the backdrop of calls to widen the …
Treasury units of top corporates unite
Treasury heads from Sri Lanka’s top corporates have joined hands to tackle industry issues and expand the knowledge base. Treasury heads from Sri …
Five proposals for one bride
Five banks respond to Sri Lanka’s call to raise funds from migrant workers via an international bond, despite doubts about the timing and the structure …
Sri Lanka’s Central Bank leaves policy rates at current levels
Sri Lanka’s Central Bank opted not to tinker with its benchmark interest rates as the pace of inflation showed signs of easing off. Sri Lanka’s …
Sri Lanka steps up surveillance on counterfeit notes
Sri Lanka’s Central Bank is ramping up efforts to stamp out forged notes, after a steep rise in counterfeiting activities in the past few months, …
Sri Lanka to shop for overseas debt
Government says it will raise up to US$ 500 million in the international debt markets next year to finance identified infrastructure projects as concessional …