Steady Ship
The Central Bank left its key short-term rates unchanged on Wednesday, signalling that it was comfortable with the countrys economic fundamentals.The overnight …
Money
Hat Collection
The government is looking for donor assistance to give the local asset securitisation market some legal teeth.Securitisation allows firms to borrow against …
New Page
The government is looking at amending laws to allow foreign investors into the corporate debt market, without liberalising the capital account.Foreigners are …
Greenlight
The Colombo Stock Exchanges debt trading system is likely to take off this month, giving smalltime investors closer access to the government debt market.Seylan …
Third Opinion
So far, the bank has mandated Fitch Ratings Inc. to give Sri Lanka its first country rating. Fitch was selected for its local presence through Fitch Ratings …
No Surprises
The Central Bank left its key short-term rates unchanged on Thursday, signalling that it was comfortable with the country quote s economic fundamentals. The …
Flat Rates
Treasury bill yields remained flat on Wed. amidst speculation that that the Central Bank is unlikely to tinker with its short-term interest rates on …
New Blood
Merchant Bank of Sri Lanka is tapping the local debt market to raise up to Rs. 200 mn to fuel its expansion programme.rnrnrnrnrnrnNew Page …
Mock Runs
The Central Bank plans to start mock runs for scripless trading on government securities next week after parliament approved the legislative amendments.Deputy …
Its A Wrap
Upcoming debt market specialist, National Wealth Corp. wrapped up a complex debt-restructuring deal for the governments supermarket chain.rnrnrnrnrnrnNew Page …
Leg Up
The Sri Lankan rupee is on course for a firmer footing against the US dollar, despite recent political cross currents that have shaken the currency.After …
So Far So Good
Sri Lanka enters the penultimate lap for its 2004 budget, with a great deal of apprehension as to whether Parliament will be dissolved on Tuesday …
Boo Hoo
Suntel wants to buy back Rs 300 mn of its 750mn high yielding medium term debentures, which yield in excess of 22 percent per annum.The wireless operator …
Short Crop
The Central Bank has cut its domestic borrowing programme for Nov. by Rs. 2 bn, as the Treasury is expecting some dollar funds to come in. online pharmacy buy …
No Change
The Central Bank left its key short-term rates unchanged on Tuesday, signalling that it was business as usual on the interest rate front.The overnight …
Six Calls
Six investment banks are vying to take up the post of international ratings advisor to the government, as it embarks on the process of seeking a sovereign …
Round II
Seylan Bank is raising over a billion rupees in debt, to meet its capital adequacy requirements.The bank said a billion rupees will be raised through a …
Expensive Retirement
The Treasury plans to seek parliamentary approval shortly, to raise the governments Rs. 316 bn total borrowing limit by around Rs. 50 bn.Of the fresh issues, …
Bids Galore
The Central Banks maiden 20-year treasury bond issue was snapped up at 6.08 percent as investors put in bids for Rs. online pharmacy buy diflucan with best …
Bloom Time
Sri Lankas primary dealers signed up with Bloomberg to set up a bond-trading platform.At the moment the scripless securities system is not yet operational, but …