Sri Lanka syndicated loan hopefuls talk joint deal
Feb 28, 2008 (LBO) – Five foreign banks who bid to syndicate a 300 million US dollar loan for Sri Lanka are discussing an alternative deal to club …
Money
Sri Lanka to release new currency notes
Feb 27, 2008 (LBO) – Sri Lanka will release new currency notes under the signature of president Mahinda Rajapaksa, who is also the finance minister, and …
Sri Lanka kicks off US$300mn syndicated loan
Feb 18, 2008 (LBO) – Sri Lanka has called for proposals from foreign banks to raise 300 million dollars from a syndicated loan aiming to close the deal …
Sri Lanka rupee at one year highs, forward premiums narrow
Feb 01, 2008 (LBO) – The Sri Lanka rupee hit 13-month highs of 107.65/70 against the US dollar as foreign bond buying and tighter monetary policy …
Sri Lanka rupee gains against greenback, forward premiums fall
Jan 23, 2008 (LBO) — The Sri Lanka rupee traded under 108.00 to the US dollar and overnight money fell from peaks above 20 percent in early trading …
Sri Lanka’s central bank talks down rates
Jan 10, 2008 (LBO) – Sri Lanka’s central bank says that Treasuries yields will continue to ease following steep falls seen in government securities …
Sri Lanka money rates spike above penal discount rate
Dec 28, 200 (LBO) – Sri Lanka’s overnight rates spiked to 21 percent despite two discount windows that give money at 12.00 percent and 19.00 …
Sri Lanka 3-month treasuries soar to 21.30-pct
Dec 26, 2007 (LBO) – Sri Lanka’s 3-month treasury bill yield soared 116 basis points to 21.30 percent amid a year-end cash crunch as the Central …
Sri Lanka rupee closes higher on equity flows; money spikes
Dec 20, 2007 (LBO) – The Sri Lanka rupee closed higher against the greenback as money spiked in tight conditions Thursday, while the state debt office …
Sri Lanka stocks weaker, rupee steady
Dec 17, 2007 (LBO) – Sri Lanka stocks closed 0.55 percent lower amidst lackluster trading Monday, while the rupee was steady against the greenback at …
Sri Lanka rupee volatile against greenback Monday
Dec 10, 2007 (LBO) – The Sri Lanka rupee came down from early highs of 108.10/20 against the greenback to lows of 109.50 in spot trade Monday showing …
Sri Lanka rupee gains on the greenback; intra day peak of 108.70
Dec 05, 2007 (LBO) – Sri Lanka rupee rose sharply against the greenback in spot trade Wednesday on the back of foreign purchases of rupee bonds, dealers …
Sri Lanka inflation rockets 4.4-pct in November
Nov 30, 2007 (LBO) – Consumer prices in Colombo’s capital jumped 4.4 percent in November keeping 12-month inflation at a record 19.6 percent for …
Sri Lanka treasuries up 100 basis points
Nov 28, 2007 (LBO) – One year treasury yields went up 100 basis points to 19.07 percent as the central bank stayed out of the primary market and allowed …
Sri Lanka rupee gains, excess liquidity drops
Nov 12, 2007 (LBO) – The Sri Lanka rupee strengthened to 110.32/35 in spot trade Monday recovering losses made last week dealers said, while the central …
IMF urges care in commercial borrowing for conflict countries
WASHINGTON, Oct 19, 2007 (LBO) – IMF chief Rodrigo de Rato said countries emerging from conflict should be careful about commercial borrowing, but …
Sri Lanka mulls introducing derivatives contracts
Oct 16, 2007 (LBO) – Sri Lanka’s financial sector has been advised to exercise caution in launching derivatives which are yet new instruments in …
Fitch gives Sri Lanka sovereign bond BB- rating; warns against bad budgets and war
Oct 08, 2007 (LBO) – Fitch Ratings has given a speculative BB- rating for Sri Lanka’s upcoming sovereign bond but warned that a worsening conflict …
Sri Lankan stocks tumble after opening higher, markets await rate decision
Sept 28, 2007 (LBO) – Sri Lankan stocks tumbled soon after opening with brokers saying investors were largely inactive, as markets awaited a money policy …
Sri Lanka to issue non-tradeable loans again
Sept 27, 2007 (LBO) – Sri Lanka’s government has announced the resumption of a loan program that was previously scrapped as the country developed …