Category: Money

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 Wednesday.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 Wednesday. The bank re-issued Rs. 9,988 million worth of bills, but […]

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 not to tinker with its policy rates ahead of a crucial Presidential poll on Thursday. The repurchase rate, which drains money from the banking system, stands at 8.50 percent and […]

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 not to tinker with its policy rates ahead of a crucial Presidential poll on Thursday. The repurchase rate, which drains money from the banking system, stands at 8.50 percent and […]

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 Bank may hike its benchmark interest rates on Wednesday.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 […]

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 Bank may hike its benchmark interest rates on Wednesday.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 […]

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 Monday. 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 Monday. Funds from the […]

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. 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. The island’s second rating agency says credit […]

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 industry’s revenue base. 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 industry’s revenue base. Dealers […]

Treasury heads from Sri Lanka’s top corporates have joined hands to tackle industry issues and expand the knowledge base.Treasury heads from Sri Lanka’s top corporates have joined hands to tackle industry issues and expand the knowledge base. Headed by Rohan Perera, Group Treasurer of John Keells Holdings, the Association of Corporate Treasurers plans to take […]

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 of the issue.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 of the issue. […]

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 Central Bank opted not to tinker with its benchmark interest rates as the pace of inflation showed signs of easing off. The repurchase rate, which drains money from the banking […]

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, officials said Tuesday. 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, officials said […]