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Saturday November 27th, 2021
Bonds & Forex

Sri Lanka bond markets dead after Stage II shock

Bond markets had seen some activity in 2024 and 2027 bonds before the Stage II.

2 min read

Sri Lanka pulls 'Stage II' trick to fail 2025 bonds auction amid latest downgrade

2025 auction shunted to Stage II amid looming sovereign default

2 min read

Sri Lanka has second successful Treasuries auction in 3-month bills only

6-month and 12-month bill markets still crippled

2 min read

Sri Lanka bond yields steady ahead of auctions

Bond and bill auctions this week

2 min read

Sri Lanka bond markets quiet ahead of budget

The central bank is offering auction bonds on tap till Friday

Sri Lanka sells Rs40bn in 2024, 2031 bonds

All offered bonds sold at around or below market rates

Sri Lanka sells 83-pct of Rs50bn bond auction at higher price control

The debt office raised a total of 41.78 billion rupees from the market

1 min read

Sri Lanka dollar rationing tightens further after 'revaluation' of rupee to 203

Banks were forced to ration dollars as supplies continued to be weak

2 min read

Sri Lanka fails to sell 51-pct of Treasuries auction amid price controls

De facto 12-month rate was raised to 6.05-pct last week

2 min read

Sri Lanka rupee 230 to US dollar, de facto 12-month rate hiked above overnight

Bond auctions frozen with hardly any quotes

2 min read

Shing Pee Tao, chairman of Sri Lanka's Shing Kwan group unit passes away

Property tycoon is a naturalized citizen

1 min read

Sri Lanka prints Rs17.6bn after dysfunctional bill, bond auctions; sugar seized

Price controls on auctions have led to under-selling of bonds

3 min read

Sri Lanka fails to sell 63-pct of price controlled bill auction

Only 40 million in 12-month bills sold

2 min read

Sri Lanka's Lakdhanavi 'AA+(lka)' rating confirmed with stable outlook

Material increase in counter party risk could pressure rating

8 min read

Sri Lanka fails to sell 92-pct of bond auction

A total of 4.0 billion in bonds sold

1 min read

Sri Lanka rupee falls to 222/223 to US dollar at most banks

The central bank provides limited convertibility

2 min read

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Latest Last
US Dollar 201.2131 200.9721
UK Pound 267.6235 268.1470
Euro 225.6504 225.2998
Aus Dollar 143.8472 144.8205
Yen 1.7515 1.7421
Source: Central Bank/Indicative
Latest Last
Indian Rupee 2.6970 2.6953
Korea Won 0.1686 0.1689
Oman Rial 522.6246 522.0190
Saudi Riyal 53.6354 53.5768
UAE Dirham 54.7802 54.7146
Source: Central Bank/Indicative
pts %
S&P SL20 3,767.41 0.44%
CSE All Share 11,025.73 1.06%
Turnover Rs million. 2,191,558,044.10 9,980,315,103
Source: CSE
Latest Last
3-m bill 7.63 7.76
6-m bill 7.88 7.96
12-m bill 8.16 8.20
5-yr bond 10.58 10.47
8-yr bond 11.20 11.21
Source: Central Bank/Indicative
today yesterday
Overnight Money 5.93 5.99
Gilt Repo 5.14 5.14
I-m SLIBOR - -
Source: Central Bank/Indicative

Sri Lanka bond auction bids mired in uncertainty after 2 and 4 year de facto policy rate hikes, SRR

This week an SRR hike is expected to absorb liquidity from any failed auction

3 min read

Sri Lanka's EB Creasy rated [SL]BBB by ICRA Lanka

Borrowings skewed to the short term

7 min read

Sri Lanka rupee at 222 to dollar, market sees sporadic interventions

Bond markets inactive

2 min read

Sri Lanka rupee at 222 to dollar for importers, lower rates for small transfers

Bond yields up, longer tenors illiquid

2 min read

Sri Lanka fails to sell 33-pct of Treasuries with overnight rate hiked before 12-month ceiling

The 12-month ceiling was raised by 5.93 percent, but overnight rate was raised earlier

1 min read

Sri Lanka bond yields up, no bids for first repo auction in 17-months

Bond investors taking stock

2 min read

Sri Lanka rupee falls to 221 to US dollar, margins widen with no price transparency

Kerb market rate touches 232 before lockdown

3 min read

Sri Lanka overnight rates, bond yields up after rate, SRR hike

Bond yields up 30 to 40 bp

1 min read

Sri Lanka rupee weakens to 227/228.50 to dollar in kerb market, bond yields up

Import dollar rate fell this week

2 min read

Sri Lanka fails to sell 54-pct of Treasuries auction under yield controls

No sales of 12-month bills

1 min read