Economy & Markets

Dollar Hunt

Leading global investment banks have shown interest in raising 350 million dollars for the government in the international financial markets.The Central Bank, …

NICe Deal

Janashakthi Chairman Chandra Schaffter said the acquisition was funded through a bank loan from Commercial Bank.rn rnJanashakthi earlier, picked up a 51 …

Debt Call

The Central Bank on Friday sought proposals from reputed international investment banks to raise dollar funds.The government is looking at raising up to US$ …

Price Hiccups

Though GST was charged at 12.5 per cent and NSL at a nominal rate of 6.5 per cent the effective rate was around 21 per cent. rnrnUnder VAT the highest rate is …

Nobly Curve

Central Bank officials say that an initial Rs. 5 bn worth 10 or 12-year bonds will hit the market soon. rnrnThe bank expects long term investors like insurance …

Extended Debt

Superintendent Public Debt, Dharma Dheerasinghe told journalists that the bank hopes to offer around Rs. 5 bn at the initial issue. rnrnThe issue is targeted …

Green Money

Assistant to the Governor, W A Wijewardene says Cabinet approval has been sought to raise the five-year issue, which will form of the government quote s Rs. …

Southern Tip

Tuesday quote s auction saw yields for two, three and four years come under the hammer. rnrnThe bank offered and accepted Rs. 2.000 bn two-year notes carrying …

To Cut Or Not

The Central Bank is strongly tipped to lower its short-term discount rates by up to 100 basis points within the next few days.Central Bank officials had …