Sri Lanka money rates up, equities quiet Monday
July 16, 2007 (LBO) - Sri Lanka interbank call rates spiked to 20 percent Monday and the rupee was steady with state names offering spot dollars at 111.75 …
Money
Sri Lanka to choose lead managers to US$400mn bond by end July
July 13, 2007 (LBO) - Sri Lanka would appoint lead managers to a 400 million dollar sovereign bond issue by the end of this month, the government's debt office …
Sri Lanka to choose lead managers to US$400mn bond by end July
July 13, 2007 (LBO) - Sri Lanka would appoint lead managers to a 400 million dollar sovereign bond issue by the end of this month, the government's debt office …
Sri Lanka shops for 400 million dollars as rupee dips to new low
June 12, 2007 (LBO) - Sri Lanka is shopping for 400 million dollars in medium term finance in global markets as a rising budget deficit is sending local …
Sri Lanka treasury auctions resume
July 12, 2007 (LBO) - Sri Lanka has accepted a small amount of bids from this week's treasury bills after rejecting bids outright for two weeks in a row, data …
Sri Lanka seeks 400 million dollars
June 12, 2007 (LBO) - Sri Lanka has asked for proposals from international banks to raise 400 million dollars in medium term bonds, banking officials said. buy …
Sri Lanka central bank to retail treasuries
July 05, 2007 (LBO) - Sri Lanka's central bank will use its regional offices to sell government securities to rural investors, the bank said, as real returns …
Sri Lanka call rates edge up despite cash injections
July 3, 2007 (LBO) - Sri Lanka's call rates moved above 35 percent with liquidity disappearing from the banking system despite the monetary authority pumping …
Sri Lanka rejects treasuries auction; rupee falls to new low
June 27, 2007 (LBO) - Sri Lanka rejected a weekly treasury bills auction Wednesday as the rupee fell to a new life low against the dollar, dealers said. online …
Gresham’s Law drives Indian coins into the melting pot
KOLKATA, India, June 27, 2007 (AFP) - Businesses and public transport in India have been hit by a shortage of small change as rupee coins are being turned into …
Sri Lanka benchmark gilt rates up on fiscal weakness, information assymetry
June 21, 2007 (LBO) - Sri Lanka's gilt rates shot up 30 basis points, a day after the government recieved permission from lawmakers to spend extra money on …
Sri Lanka gilt rates up amidst heavy government borrowing
May 29, 2007 (LBO) - Sri Lanka's three-month Treasury bill average yield edged up 22 basis points to 16.91 percent as the government raised 11.9 billion rupees …
Sri Lanka to felicitate cricketers with commemorative coins
May 10, 2007 (LBO) - Sri Lanka plans to issue commemorative coins to felicitate cricketers, who emerged runners-up in the recently concluded World Cup held in …
Sri Lanka aims to raid piggy banks as coins rise in value
May 4, 2007 (AFP) - Sri Lankan children are being encouraged to raid their piggy banks in a bid to end a serious shortage of loose change in a country where …
Sri Lanka rupee closes at a record low, stocks edge down amidst war jitters
May 04, 2007 (LBO) - The Sri Lanka rupee closed at a record low against the dollar Friday while stocks edged lower with jittery investors remaining on the …
Sri Lanka money markets open quiet, stocks delayed in a rain-washed day
May 03, 2007 (LBO) - Sri Lanka's inter-bank markets opened quiet after a two-day religious holiday with money at 13.25 percent, but stock trading was delayed …
Sri Lanka call rates hit 50% amidst festival drawdown
March 11, 2007 (LBO) - Sri Lanka's inter-bank call rates hit 50 percent Wednesday even as the monetary authority pumped billion of rupees into the banking …
Sri Lanka money supply, rates up on festive cash demand
April 09, 2007 (LBO) - Heavy cash withdrawals from banks to fund spending in the new year festive season drove up call money rates Monday with reserve money …
Sri Lankan money rates ease, stocks start slow
March 29, 2007 (LBO) - Sri Lankan money market rates eased further with more liquidity in the market and dealers saying they believe the rates should stabilize …
Sri Lanka money rates fall from record highs
March 27, 2007 (LBO) - The inter-bank call market call rates eased to 35 percent Wednesday, a day after rates hit a record 50 percent, dealer said. …