Category: Money

Treasury bill and bond yields fell in primary auctions this week as government banks and pension funds put in low bids that drove yields down. Treasury bill and bond yields fell in primary auctions this week as government banks and pension funds put in low bids that drove yields down. Treasury bills yields eased nearly […]

Tamil Tigers said Monday that they were repaying part of funds raised via public to fund their Ealam struggle.Tamil Tigers said Monday that they were repaying part of funds raised via public to fund their Ealam struggle. The LTTE’s Finance Division did not disclose how much of public debt they had borrowed from people of […]

NAMAL or National Asset Management Co., is coming out with a money market fund, capitalising on a recent change to the Unit Trust Code. NAMAL or National Asset Management Co., is coming out with a money market fund, capitalising on a recent change to the Unit Trust Code. Money funds are mutual funds that invest […]

NAMAL or National Asset Management Co., is coming out with a money market fund, capitalising on a recent change to the Unit Trust Code. NAMAL or National Asset Management Co., is coming out with a money market fund, capitalising on a recent change to the Unit Trust Code. Money funds are mutual funds that invest […]

The Central Bank opted not to tinker with its short-term rates, but warned that holding back fuel price adjustments makes it difficult to balance the budget on an even keel. The Central Bank opted not to tinker with its short-term rates, but warned that holding back fuel price adjustments makes it difficult to balance the […]

The Central Bank is coming out with a fresh batch of new currency notes called “Sri Lanka Heritage Series.” The Central Bank is coming out with a fresh batch of new currency notes called “Sri Lanka Heritage Series.” The new series will cover all denominations – Rs. 1,000, Rs. 500, Rs. 50, Rs. 10 – […]

Automated teller machines and tourists in the airport have to make do with dirty currency notes, while the Central Bank tries to overcome an issue with currency.Automated teller machines and tourists in the airport have to make do with dirty currency notes, while the Central Bank tries to overcome an issue with currency. Banks who […]

Automated teller machines and tourists in the airport have to make do with dirty currency notes, while the Central Bank tries to overcome an issue with currency.Automated teller machines and tourists in the airport have to make do with dirty currency notes, while the Central Bank tries to overcome an issue with currency. Banks who […]

The Central Bank is coming out with a fresh batch of new currency notes called “Sri Lanka Heritage Series.” The Central Bank is coming out with a fresh batch of new currency notes called “Sri Lanka Heritage Series.” The new series will cover all denominations – Rs. 1,000, Rs. 500, Rs. 50, Rs. 10 – […]

Finance Minister Dr. Sarath Amunugama sent out a strong warning to exporters asking them to repatriate their proceeds and help ease the pressure on the rupee. Finance Minister Dr. Sarath Amunugama sent out a strong warning to exporters asking them to repatriate their proceeds and help ease the pressure on the rupee. The Sri Lankan […]

The Central Bank says it will re-issue Rs.7,010 mn worth of two-year treasury bonds and Rs.43,655 mn in treasury bills to the debt market, as part of its borrowing programme for August.The Central Bank says it will re-issue Rs. 7,010 mn worth of two-year treasury bonds and Rs. 43,655 mn in treasury bills to the […]

Rising yields are forcing market makers in government securities to look for ways of minimising book losses.Rising yields are forcing market makers in government securities to look for ways of minimising book losses. Bond yields have risen by over four percent during the past few months forcing Primary Dealers to mark to market their portfolios […]