Notable
The bond has a sovereign guarantee
There is a narrative that Sri Lanka's debt repayment will begin in 2028
Total expenditure target reduced, public investment cut by over 20-pct
VAT threshold also to be reduce
We are looking at whether it is possible to provide a pension
Capex to rise 1-pct of GDP and current spending by 0.4-pct
Appropriation Bill sets out spending allocation for various ministries
A 2035, bond which the government can pay in rupees, was given a CCC+ local currency rating
Domestic borrowings fell to 786.3 billion rupees, down from 1,477.8 billion rupees
Newly issued exchange bonds rated at CCC+
This a tax credit that can be deducted when a tax return is filed
"With approximately 700,000 public sector pensioners, this system imposes a substantial financial strain on the governme
The agency started in December 02 and is expected to be fully operational by January 2026
Sri Lanka has normalised relations with a majority of creditors
115 state entities which cost 140 billion rupees a year to maintain
| Latest | Last | |
|---|---|---|
| US Dollar | 331.7485 | 330.8514 |
| UK Pound | 443.7468 | 438.3450 |
| Euro | 372.5204 | 371.0168 |
| Yen | 2.0969 | 2.0916 |
| Aus Dollar | 233.0533 | 231.1659 |
| Latest | Last | |
|---|---|---|
| Indian Rupee | 3.4948 | 3.4202 |
| Korean Won | 0.2499 | 0.2479 |
| Oman Rial | 861.6397 | 859.3320 |
| Saudi Riyal | 88.4403 | 88.0955 |
| UAE Dirham | 90.3209 | 90.0766 |
| pts | % | |
|---|---|---|
| S&P SL20 | 5,656.91 | -0.43% |
| CSE All Share | 19,927.30 | -0.28% |
| Turnover Rs | 1457.79 million | 1193.67 million |
| Latest | Last | |
|---|---|---|
| 3-m bill | 7.61 | 7.84 |
| 6-m bill | 7.91 | 8.26 |
| 12-m bill | 8.23 | 8.3 |
| 3-yr bond | 9.24 | 9.25 |
| 5-yr bond | 9.82 | 9.56 |
| 8-yr bond | 10.50 | 10.48 |
| today | yesterday | |
|---|---|---|
| Overnight Money | 7.70 | 7.69 |
| Gilt Repo | 7.74 | 7.72 |
| I-m SLIBOR | - | - |
.
Value added tax on milk and yoghurt will also be removed
Down from 105 percent in December 2023
Residual 2022 bonds in which Hamilton Reserve has a stake to continue to trade
Holdout Hamilton Reserve has claimed a 25 percent holding
We are very pleased to see this vote of confidence from our international and local bondholders
It's revenue target for the year was 232 billion rupees.
Redundant palaces were in Nuwara Eliya, Mahiyangana, Anuradhaputra, Kataragama, Jaffna, Embilipitya and Bentota
The loan is linked to financing coming in parallel with the Extended Fund Facility
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