Category: Money

Government says it will raise up to US$ 500 million in the international debt markets next year to finance identified infrastructure projects as concessional loans dry up. Government says it will raise up to US$ 500 million in the international debt markets next year to finance identified infrastructure projects as concessional loans dry up. A […]

Sri Lanka’s central bank sent a powerful message to the local markets Tuesday when it hiked interest rates unexpectedly to keep rising inflation from skyrocketing out of control.Sri Lanka’s central bank sent a powerful message to the local markets Tuesday when it hiked interest rates unexpectedly to keep rising inflation from skyrocketing out of control. […]

Sri Lanka’s Central Bank raised short term interest rates by quarter percentage point on Tuesday, the second increase in three months, in a bid to reign in galloping inflation Sri Lanka’s Central Bank raised short term interest rates by quarter percentage point on Tuesday, the second increase in three months, in a bid to reign […]

Sri Lanka’s Central Bank raised short term interest rates by quarter percentage point on Tuesday, the second increase in three months, in a bid to reign in galloping inflation Sri Lanka’s Central Bank raised short term interest rates by quarter percentage point on Tuesday, the second increase in three months, in a bid to reign […]

State-run Bank of Ceylon signed up for US$ 130 million two-year syndicated loan last Friday, to finance its ongoing trading facilities including oil imports to Ceylon Petroleum Corp., officials said Monday. State-run Bank of Ceylon signed up for US$ 130 million two-year syndicated loan last Friday, to finance its ongoing trading facilities including oil imports […]

State-run Bank of Ceylon signed up for US$ 130 million two-year syndicated loan last Friday, to finance its ongoing trading facilities including oil imports to Ceylon Petroleum Corp., officials said Monday. State-run Bank of Ceylon signed up for US$ 130 million two-year syndicated loan last Friday, to finance its ongoing trading facilities including oil imports […]

Seylan Merchant Bank says it hopes to have some 1000 debt trading accounts active by end September, to trade in the CSE’s debt trading system.Seylan Merchant Bank says it hopes to have some 1000 debt trading accounts active by end September, to trade in the CSE’s debt trading system. The DEX initially limited to govt., […]

Seylan Merchant Bank says it hopes to have some 1000 debt trading accounts active by end September, to trade in the CSE’s debt trading system.Seylan Merchant Bank says it hopes to have some 1000 debt trading accounts active by end September, to trade in the CSE’s debt trading system. The DEX initially limited to govt., […]

Sri Lanka’s Central Bank left its key policy rates unchanged on Wednesday to help the island’s continued economic recovery from last year’s tsunami.Sri Lanka’s Central Bank left its key policy rates unchanged on Wednesday to help the island’s continued economic recovery from last year’s tsunami. The repurchase rate at which it drains money from the […]

Despite ad hoc attempts to tame inflation through populist measures, soaring international crude prices could prompt Sri Lanka’s Central Bank to think long and hard about hiking short-term rates next month, market watchers said Wednesday. Despite ad hoc attempts to tame inflation through populist measures, soaring international crude prices could prompt Sri Lanka’s Central Bank […]

Despite ad hoc attempts to tame inflation through populist measures, soaring international crude prices could prompt Sri Lanka’s Central Bank to think long and hard about hiking short-term rates next month, market watchers said Wednesday. Despite ad hoc attempts to tame inflation through populist measures, soaring international crude prices could prompt Sri Lanka’s Central Bank […]

Sri Lanka’s treasury yields kept its upward momentum ahead of Wednesday’s monetary policy review announcement. Sri Lanka’s treasury yields kept its upward momentum ahead of Wednesday’s monetary policy review announcement. The Central Bank said it sold one year treasury notes at a yield of 9.41 percent, slightly up from last week’s 9.39 percent. Yields for […]