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?

 
 
 

View results

STOCK MARKET TRAINING
ශ්‍රී ලංකා මූල්‍ය වංශකථාව - සිංහල
Submit Post


CONATCT US


Send your suggestions and comments

* - required fields

Read FINANCIAL CHRONICLE™ Disclaimer



Latest topics

» Sell EXPO Buy EDEN sentiment changed to Exit EXPO Enter EDEN
by samaritan Today at 4:03 pm

» Directors' Dealings today
by SAGA Today at 3:34 pm

» JOHN KEELLS HOLDINGS PLC (JKH.N0000)
by Eranx Today at 3:32 pm

» Top crossings today
by SAGA Today at 3:05 pm

» අද ජූලි 27 හෙට අනිද්දා අගෝස්තුවේ කොටස් වලට මොනවා වෙයිද ?
by SAGA Today at 2:47 pm

» BANKING SECTOR
by Eranx Today at 12:17 pm

» RIL JOURNEY
by Karthick Today at 11:33 am

» Govt. assures adequate fertiliser supply for tea industry
by samaritan Today at 11:23 am

» ASIA SIYAKA COMMODITIES PLC (ASIY.N0000)
by jehan008 Today at 10:46 am

» What are the short term profit stocks you are planning to buy on this Monday? (Only honest ppl please)
by 901886683 Today at 9:19 am

» RAIGAM WAYAMBA SALTERNS PLC (RWSL.N0000)
by Vishwanarth Today at 8:46 am

» EDEN HOTEL LANKA PLC (EDEN.N0000)
by Bakkabwoi Yesterday at 11:29 pm

» SEMB the ASPH
by Itzme Yesterday at 9:35 pm

» ONAL -might have a run
by SAGA Yesterday at 9:14 pm

» Imagine there is a bank account that credits your account each morning with cash. Each of us has such a bank. Its name is stock market.
by Asoka Samarakone Yesterday at 9:14 pm

» Top Foreign Trading today
by SAGA Yesterday at 8:41 pm

» Government loan repayment
by shariff Yesterday at 1:04 pm

» CITIZENS DEVELOPMENT BUSINESS FINANCE PLC(CDB.N0000)
by engineer Yesterday at 11:41 am

» Sri Lanka's Foreign Reserves set to top US$ 7 Billion - Cabraal
by samaritan Yesterday at 11:34 am

» Tea industry expected to contribute $ 200 million extra revenue to public coffers
by samaritan Yesterday at 11:25 am

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™ » CB goes for second 30-year bond, and a 20-year issue

CB goes for second 30-year bond, and a 20-year issue

Go down  Message [Page 1 of 1]

sriranga

sriranga
Co-Admin
http://www.cbsl.gov.lk/pics_n_docs/latest_news/notice_20130612e.pdf
CB goes for second 30-year bond, and a 20-year issue Cbsl16

http://sharemarket-srilanka.blogspot.co.uk/

salt

salt
Vice President - Equity Analytics
Vice President - Equity Analytics
Coupon rate is 9%
As i remember , yield of 30 Yr bond was 12.5% in the previous auction

Redbulls

Redbulls
Director - Equity Analytics
Director - Equity Analytics
@salt wrote:Coupon rate is 9%
As i remember , yield of 30 Yr bond was 12.5% in the previous auction
Yes.
http://forum.srilankaequity.com/t28756-sri-lanka-raises-rs-3-billion-by-selling-30-years-bonds?highlight=bond

CSE.SAS

CSE.SAS
Global Moderator
The Public Debt Department of the Central Bank will issue the country’s second 30-year bond today along with another issue for 20-year bonds as the government seeks to increase the maturity periods of its borrowings.

The bank is offering Rs. 8 billion in 20-year bonds which would mature in 2033 and Rs. 5 billion in 30-year bonds maturing in 2043.

The country offered its first 30-year bond last May. The issue worth Rs. 2 billion with a coupon rate of 9 percent was oversubscribed three times attracting bids amounting to Rs. 6 billion. The Central Bank upsized the issue accepting Rs. 3 billion at a weighted average yield of 12.50 percent.

Last year the government issued a 20-year bond at 11 percent.

The Public Debt Department says the actual time to maturity (ATM) of domestic debt has increased from 2.10 years in 2010 to 2.35 years in 2011 and 3.23 years in 2012 while for foreign debts it stood at 5.74 years in 2012 up from 5.32 years in 2011 and 5.25 years.

"In order to reduce the refinancing risk, the Central Bank issued medium to long term T-bonds and extended the yield curve for T-bonds. As a result, there was a sharp increase in ATM of T-bonds from 2.90 years in 2011 to 3.99 years in 2012. However, ATM of Rupee Loans decreased from 6.05 years in 2011 to 5.41 years in 2012 mainly due to the repayment of the existing loans. ATM of all domestic loans increased from 2.35 years in 2011 to 3.23 years at the end of 2012. ATM of domestic debt increased over and above 3 years in 2012 for the first time since 2006," the Central Bank said in a recent report on public debt.

"The total debt stock of the Government increased by Rs. 866.7 billion in 2012 and stood at Rs. 6.0 trillion at the year end, consisting of domestic debt of Rs. 3.2 trillion and foreign debt of Rs. 2.8 trillion. The rupee value of the foreign debt stock increased by Rs. 438 billion in 2012 mainly due to the increase in rupee value of the foreign currency denominated debt by Rs. 127.2 billion on account of the depreciation of the rupee against foreign currencies. The Debt to GDP ratio increased to 79.1 percent at the end of 2012 from 78.5 percent at the previous year end. Total interest cost of the Government in 2012 increased to Rs. 408.5 billion from Rs. 356.7 billion in 2011," the Central Bank said.
http://www.island.lk/index.php?page_cat=article-details&page=article-details&code_title=81135

UKboy

UKboy
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
@CSE.SAS wrote:The Public Debt Department says the actual time to maturity (ATM) of domestic debt has increased from 2.10 years in 2010 to 2.35 years in 2011 and 3.23 years in 2012 while for foreign debts it stood at 5.74 years in 2012 up from 5.32 years in 2011 and 5.25 years.

"In order to reduce the refinancing risk, the Central Bank issued medium to long term T-bonds and extended the yield curve for T-bonds. As a result, there was a sharp increase in ATM of T-bonds from 2.90 years in 2011 to 3.99 years in 2012. However, ATM of Rupee Loans decreased from 6.05 years in 2011 to 5.41 years in 2012 mainly due to the repayment of the existing loans. ATM of all domestic loans increased from 2.35 years in 2011 to 3.23 years at the end of 2012. ATM of domestic debt increased over and above 3 years in 2012 for the first time since 2006," the Central Bank said in a recent report on public debt.11:37:38



Is this something to proud of?




Sponsored content


Back to top  Message [Page 1 of 1]

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