Wobble Start
The rupee wobbled sharply against the US dollar, following Central Bank quote s decision to cut its key short-term rates by 50 basis points this
Money
Hole In The Coffers
The Central Bank estimates state revenue at Rs. 275 bn, while total debt servicing stands at Rs. 300 bn, the bank quote s Superintendent Public Debt, Dharma …
Act Now
Ajantha Madurapperum also called for proactive measures to prevent a liquidity shortfall in the festive month of April. rnrnThe Central Bank cut its discount …
Double Issue
The company plans to use the funds to help finance its two power projects in Matara and Horana. rnThe group will issue Rs. 200 mn worth of two-year …
Mini Rally
The rupee depreciated by around 20cts from Rs. 94.70 to Rs. 94.90 against the greenback, during the mid-day trading today. rnrnThe Central Bank has yesterday …
Decreasing
The bank said it offered and accepted bids for Rs. 5.569 bn. rnrnThree-month notes slipped six basis points to 12.66 percent, six month treasuries dropped …
Slipping
The bank said it offered and accepted bids for Rs. 500 mn. rnrnThe weighted average yield dropped to 13.73 percent from 14.94 percent recorded in the previous …
High Fever
The repo-rate or the repurchase rate is the key benchmark, which sets the floor in the overnight call money market, as it enables lenders to invest excess …
Big Steps
The bank has amended the existing legislations and created separate categories for commercial banks and non-commercial banks. rnrnThe new guidelines which came …
Multiplying
The Central Bank plans to expand the number of primary dealers dealing exclusively in government debt.rn rnNewcomers will be on par with existing primary …
Slipping
Treasury bonds continued to slide at this week quote s auction with three-year notes shedding three basis points to 14.30 percent, the Central Bank said.buy …
Raising Capital
The issue due to open on Jan. 21 also carries the option of raising a further Rs. 30 mn in the event of an oversubscription, the bank said. rnrnWith a minimum …
Another Drop
The bank said the auction was oversubscribed with bids for Rs. 4.850 bn, but the bank offered and accepted bids for only Rs. 1.000 bn. rnrnThe weighted average …
Fresh Notes
Though the euro was introduced two years ago, real notes and coins were only issued on January 1, 2002.buy amoxil online buy amoxil online no prescription rn …
Monopoly Money
Over 6 billion notes and nearly 40 billion coins have been distributed to banks, retail shops, and cash machines, which begin dispensing the new currency at …