Borrowing Cheap
The governments inaugural 10-year bond issue to raise Rs. 1 bn was oversubscribed by nearly eight times on Friday. buy tadacip online tadacip online generic …
Money
Lending Cheap
The Central Bank on Tuesday cut key short-term rates by 75 basis points in line with its policy of lowering lending rates.The bank lowered the reverse …
Axe On Dollars
The government has drastically cut its planned commercial dollar borrowings in the wake of large aid flows and promised long term structural adjustment …
Lending Long-term
The Central Bank plans to issue a 10-year bond issue in January, as part of its efforts to build a long-term yield curve.Officials from the banks Public Debt …
Long-Term Borrowings
The government is planning to issue its first long term bonds next month on the back of low risk interest rates.A ten-year government bond will be auctioned …
New Debt Office
The Central Bank, which has been managing the countrys debt issues for years, will hand over the function to a new agency next year. The new government public …
Expected Cut
The Central Bank Thursday lowered its key short-term rates with immediate effect, signaling an improvement in macro economic fundamentals.The bank cut its …
Stopgap
State run Bank of Ceylon has lent US$ 75 mn to the government help bridge the budget deficit.The one-year loan is priced at 192 basis points above the …
Short Break
The Central Bank has deferred its planned roadshow to raise dollar funds for the government.The US$ 100 mn fund raising exercise was due to kick off on Monday, …
Higher Elevation
The Central Bank plans to raise the minimum capital requirement for primary dealers by Rs. 50 mn.Under the existing guidelines, dealers are expected to set …
Country Road
Top Central Bank and Treasury officials will hit the road next week to raise dollar funds for the government.The US$ 100 mn fund raising exercise will see a …
Derivative Drive
The top level Financial Reforms Committee is looking at ways to promote derivative instruments in Sri Lanka.The committee has appointed debt market specialist …
Fund Raising
Lead managers for the governments dollar raising exercise plan to tap the American and Europe markets in about ten days time. Deutsche Bank and UBS Warburg on …
Legal Hunt
The top level Financial Reforms committee is looking at ways to support derivative laws in Sri Lanka.The committee has appointed top debt market specialist …
Green Debt
UBS Warburg and Deutsche Bank have been picked as joint managers to raise the balance dollar funds for the government.The investment bankers have been asked to …
Green Money
Solomon Smith Barney, the investment-banking arm of the Citigroup has secured the mandate to raise US$ 150 mn for the government.The mandate is part of the …
Green Deals
The government is tipped to give the mandate to raise long-term dollar funds by as early as October 15, senior Central Bank officials said.Prospective …
Dual Options
The Central Bank is tipped to use more than one investment bank in its quest to raise US$ 350 mn via debt for the country.Around 12 international investment …
Spreading Risks
Consumer durable giant Singer Sri Lanka said Wednesday it plans to raise long-term funds to retire high cost short-term debt.The firm said its Rs. 300 mn …
Raising Dollars
The Central Bank will tap the Monetary Board next Tuesday to approve plans to raise US$ 350 mn in debt.A senior Central Bank official said Tuesday 12 …