FINANCIAL CHRONICLE™
Dear Reader,

Registration with the Sri Lanka FINANCIAL CHRONICLE™️ would enable you to enjoy an array of other services such as Member Rankings, User Groups, Own Posts & Profile, Exclusive Research, Live Chat Box etc..

All information contained in this forum is subject to Disclaimer Notice published.


Thank You
FINANCIAL CHRONICLE™️
www.srilankachronicle.com


Join the forum, it's quick and easy

FINANCIAL CHRONICLE™
Dear Reader,

Registration with the Sri Lanka FINANCIAL CHRONICLE™️ would enable you to enjoy an array of other services such as Member Rankings, User Groups, Own Posts & Profile, Exclusive Research, Live Chat Box etc..

All information contained in this forum is subject to Disclaimer Notice published.


Thank You
FINANCIAL CHRONICLE™️
www.srilankachronicle.com
FINANCIAL CHRONICLE™
Would you like to react to this message? Create an account in a few clicks or log in to continue.
FINANCIAL CHRONICLE™

Encyclopedia of Latest news, reviews, discussions and analysis of stock market and investment opportunities in Sri Lanka

LISTED COMPANIES

Submit Post



Poll

Can there be another Covid-19 wave in Sri Lanka?

Sri Lanka Treasuries yields up Vote_lcap68%Sri Lanka Treasuries yields up Vote_rcap 68% [ 178 ]
Sri Lanka Treasuries yields up Vote_lcap18%Sri Lanka Treasuries yields up Vote_rcap 18% [ 47 ]
Sri Lanka Treasuries yields up Vote_lcap13%Sri Lanka Treasuries yields up Vote_rcap 13% [ 35 ]

Total Votes : 260

STOCK MARKET TRAINING
ශ්‍රී ලංකා මූල්‍ය වංශකථාව - සිංහල
Submit Post


CONATCT US


Send your suggestions and comments

* - required fields

Read FINANCIAL CHRONICLE™ Disclaimer



EXPERT CHRONICLE™

MARKET CHAT


CHRONICLE™ ANALYTICS


ECONOMIC CHRONICLE

GROSS DOMESTIC PRODUCT (GDP)


CHRONICLE™ YouTube

LATEST TWEETS

You are not connected. Please login or register

FINANCIAL CHRONICLE™ » DAILY CHRONICLE™ » Sri Lanka Treasuries yields up

Sri Lanka Treasuries yields up

Go down  Message [Page 1 of 1]

1Sri Lanka Treasuries yields up Empty Sri Lanka Treasuries yields up Wed Aug 22, 2012 3:57 pm

Redbulls

Redbulls
Director - Equity Analytics
Director - Equity Analytics
Aug 21, 2012 (LBO) - Sri Lanka's 12-month Treasuries yields rose 05 basis points to 13.27 percent at Wednesday's auction, while the 3-month rate was flat at 11.36 percent, the state debt office said.

The 6-month yield rose 07 basis points to 13.02 percent.

The debt office said 1.7 billion rupees of 3-month bills, 8.6 billion rupees of 6-month bills and 1.3 billion rupees of 12 month bills were sold.

The state offered 13 billion rupees of bills for roll-over but only 12.7 billion rupees of bids were accepted from the market, the debt office said.

The debt office which is a division of the central bank can print money and buy bills, which pushes up inflation and weakens the island's dollar peg.

Last year the debt office rejected entire auctions to print money and permanently sterilize foreign exchange sales, triggering a balance of payments crisis.

Excess liquidity in money market, which came from unsterilized foreign exchange purchases in the last week of July dried up this week.
Analysts say if money markets are kept short and the Central Bank does not permanently inject money in to the system the dollar peg can strengthen.

The rupee which was strengthening up to the third week of July amid tight monetary policy stopped appreciating and even came under pressure on some days from liquidity generated from capital inflows purchased by the Central Bank.
http://lbo.lk/fullstory.php?nid=343456087

Back to top  Message [Page 1 of 1]

Permissions in this forum:
You cannot reply to topics in this forum