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.

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


Submit PostSubmit Post
ශ්‍රී ලංකා මූල්‍ය වංශකථාව - සිංහල
Submit Post



EXPERT CHRONICLE™

ECONOMIC CHRONICLE

GROSS DOMESTIC PRODUCT (GDP)


CHRONICLE™ YouTube

CHRONICLE™ NEWS PRODUCTS

FINANCIAL CHRONICLE™

Views & Reviews, Analysis, Evaluations, Discussions, Gossip and Hot Tips relating to Sri Lankan companies listed on the Colombo Stock Exchange (CSE)
Contribute




DAILY CHRONICLE™

Latest news and articles published in Newspapers, Websites, Blogs and other online news sites relating to business and investments in Sri Lanka
Contribute



ECONOMIC CHRONICLE™

This is a section that provide news, views, analysis, predications relating to Political and Socio-Economic factors and how such activities affect the Stock Market and other economic activity of the Country.

Contribute




EXPERT CHRONICLE™

This is an exclusive section for Expert Articles which will help member to share knowledge through comments and responses of the members. All members are allowed to reply and make comments to these articles.

Contribute


Submit Post


CHRONICLE™ YouTube

Youtube Videos and other visual presentations relating Stock market and other investment advise submitted by members or other contributors.

Contribute


Submit Post


කොළඔ කොටස් වෙළඳපොළේ වංශකථාව
කොළඔ කොටස් වෙළඳපොළේ ලැයිස්තුගත සමාගම් කොටස් ගැන තොරතුරු¸විශ්ලේෂණ¸සාකච්ඡා¸ කටකතා¸රසකතා යන සියල්ල අපේම සිංහලෙන් කතා කළ හැකි ‘කතා මණ්ඩපය’

Contribute

Twitter Feeds
POPULAR COMPANIES
A

ABANS ELECTRICALS PLC

ACCESS ENGINEERING PLC Hot

ACL CABLES PLC

ACL PLASTICS PLC

ACME PRINTING & PACKAGING PLC

AGSTAR PLC

AITKEN SPENCE HOTEL HOLDINGS PLC

AITKEN SPENCE PLC

ANILANA HOTELS AND PROPERTIES PLC

ARPICO INSURANCE PLC

ASIA ASSET FINANCE PLC

ASIA CAPITAL PLC

B

BAIRAHA FARMS PLC

BALANGODA PLANTATIONS PLC

BIMPUTH FINANCE PLC

BLUE DIAMONDS JEWELLERY WORLDWIDE PLC

B P P L HOLDINGS PLC

BROWNS BEACH HOTELS PLC

BROWNS INVESTMENTS PLC

C

CARGO BOAT DEVELOPMENT COMPANY PLC

CENTRAL INDUSTRIES PLC

CEYLON COLD STORES PLC

CEYLON GRAIN ELEVATORS PLC Hot

CEYLON TEA BROKERS PLC

CEYLON TOBACCO COMPANY PLC

CHEVRON LUBRICANTS LANKA PLC

COLOMBO FORT LAND & BUILDING PLC

COMMERCIAL BANK OF CEYLON PLC

CITRUS LEISURE PLC Hot

COMMERCIAL CREDIT AND FINANCE PLC

D

DANKOTUWA PORCELAIN PLC

DFCC BANK PLC

DIALOG AXIATA PLC

DIALOG FINANCE PLC

DIPPED PRODUCTS PLC

DISTILLERIES COMPANY OF SRI LANKA PLC

DUNAMIS CAPITAL PLC

E

EAST WEST PROPERTIES PLC Hot

EASTERN MERCHANTS PLC

EXPOLANKA HOLDINGS PLC

E-CHANNELLING PLC

F

FIRST CAPITAL HOLDINGS PLC

G

GALADARI HOTELS (LANKA) PLC

GUARDIAN CAPITAL PARTNERS PLC

H

HATTON NATIONAL BANK PLC

HAYLEYS PLC

HAYLEYS FABRIC PLC

HAYLEYS FIBRE PLC Hot

HEMAS HOLDINGS PLC

HIKKADUWA BEACH RESORT PLC

HNB ASSURANCE PLC

HVA FOODS PLC

J

JANASHAKTHI INSURANCE COMPANY PLC

JOHN KEELLS HOLDINGS PLC Hot

JOHN KEELLS HOTELS PLC

L

LANKA ASHOK LEYLAND PLC

LANKA IOC PLC

LANKEM CEYLON PLC

LANKEM DEVELOPMENTS PLC

LAUGFS GAS PLC

LAUGFS POWER LIMITED

LOLC FINANCE PLC

LOLC HOLDINGS PLC

LUCKY LANKA MILK PROCESSING COMPANY PLC

M

MELSTACORP PLC

N

NATIONAL DEVELOPMENT BANK PLC

NATION LANKA FINANCE PLC

NESTLE LANKA PLC

O

ORIENT FINANCE PLC

OVERSEAS REALTY (CEYLON) PLC

P

PANASIAN POWER PLC

PEOPLE'S LEASING & FINANCE PLC

PIRAMAL GLASS CEYLON PLC

PRIME FINANCE PLC

R

RAIGAM WAYAMBA SALTERNS PLC

RENUKA AGRI FOODS PLC

RENUKA CAPITAL PLC

RENUKA HOLDINGS PLC

RICHARD PIERIS AND COMPANY PLC

RICHARD PIERIS EXPORTS PLC Hot

ROYAL CERAMICS PLC

S

SAMPATH BANK PLC

SEYLAN BANK PLC

SIERRA CABLES PLC

SINGHE HOSPITALS PLC Hot

SMB LEASING PLC

SOFTLOGIC HOLDINGS PLC

SOFTLOGIC LIFE INSURANCE PLC

SRI LANKA TELECOM PLC

SWISSTEK (CEYLON) PLC Hot

T

TEEJAY LANKA PLC

TESS AGRO PLC

THREE ACRE FARMS PLC

TOKYO CEMENT COMPANY (LANKA) PLC Hot

U

UNION BANK OF COLOMBO PLC

V

VALLIBEL FINANCE PLC

VALLIBEL ONE PLC Hot

VALLIBEL POWER ERATHNA PLC

W

WASKADUWA BEACH RESORT PLC


You are not connected. Please login or register

FINANCIAL CHRONICLE™ » FINANCIAL CHRONICLE™ » TB Rates down

TB Rates down

Go down  Message [Page 1 of 1]

1TB Rates down Empty TB Rates down Wed Jun 26, 2013 1:27 pm

hariesha


Vice President - Equity Analytics
Vice President - Equity Analytics
After couple of auctions with flat rates today there's a considerable reduction in 6 month and 1 year rates.
 
180 days - down by 10 bps
365 days - down by 19 bps

http://www.cbsl.gov.lk/pics_n_docs/latest_news/press_20130626eb.pdf

Redbulls

Redbulls
Director - Equity Analytics
Director - Equity Analytics
Benchmark Treasury bill yields fell across the longer tenures on Wednesday after the Central Bank cut the statutory reserve ratio (SRR) by 200 basis points to 6 percent.

The Public Debt Department of the Central Bank offered maturing bills amounting to Rs. 12 billion at yesterday’s primary market auction for which bids amounted to Rs. 54.7 billion.

The bank accepted bids amounting to Rs, 42.4 billion.

The six month Treasury bill yields eased by 10 basis points to 9.70 percent and the 12-month yield eased 19 basis points to 10.66 percent. The three month yield was unchanged at 8.66 percent.

The Central Bank cut the SRR by 200 basis points to 6 percent in an effort to bring down market lending rates and boost private sector credit growth and the economy (see today’s lead story).
http://www.island.lk/index.php?page_cat=article-details&page=article-details&code_title=82244

3TB Rates down Empty Re: TB Rates down Thu Jun 27, 2013 3:25 pm

UKboy

UKboy
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
Hi Guys, Do you know any financial company gives you 15% + (or a mini of 14%) fixed monthly return for a less than 18 months deposit? (If you have a senior citizen as a joint deposit holder). It has to be a registered company under CB.

So far I found only valibell finance.

4TB Rates down Empty Re: TB Rates down Thu Jun 27, 2013 3:58 pm

balapas


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
@UKboy wrote:Hi Guys, Do you know any financial company gives you 15% + (or a mini of 14%) fixed monthly return for a less than 18 months deposit? (If you have a senior citizen as a joint deposit holder). It has to be a registered company under CB.

So far I found only valibell finance.

Arpico Finance is quite good. I have deposits with them for sometime. Their rates are the highest that I have found http://www.arpicofinance.com/html/products_fixed.htm 
Good company and growing fast with Micro finance. Major shareholders are Alliance finance subsidiaries holding more than 60% and third DP.

5TB Rates down Empty Re: TB Rates down Thu Jun 27, 2013 4:19 pm

hariesha


Vice President - Equity Analytics
Vice President - Equity Analytics
LOLC, CDB, TKS

6TB Rates down Empty Re: TB Rates down Thu Jun 27, 2013 4:39 pm

UKboy

UKboy
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
thanks balaps & hariesha

Yes Arpico finance looks good.

hariesha
I never heard about TKS. That's something new to me. But their rates are good.

used to deposit in central finance but their recent rates r nt the best.
Then ET , Now its a bit wobbly.

7TB Rates down Empty Re: TB Rates down Thu Jun 27, 2013 4:58 pm

pathfinder

pathfinder
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
@UKboy wrote:Hi Guys, Do you know any financial company gives you 15% + (or a mini of 14%) fixed monthly return for a less than 18 months deposit? (If you have a senior citizen as a joint deposit holder). It has to be a registered company under CB.

So far I found only valibell finance.

Try with LOFC 13mths +14%

8TB Rates down Empty Re: TB Rates down Thu Jun 27, 2013 5:02 pm

rainmaker


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
@balapas wrote:
@UKboy wrote:Hi Guys, Do you know any financial company gives you 15% + (or a mini of 14%) fixed monthly return for a less than 18 months deposit? (If you have a senior citizen as a joint deposit holder). It has to be a registered company under CB.

So far I found only valibell finance.

Arpico Finance is quite good. I have deposits with them for sometime. Their rates are the highest that I have found http://www.arpicofinance.com/html/products_fixed.htm 
Good company and growing fast with Micro finance. Major shareholders are Alliance finance subsidiaries holding more than 60% and third DP.

Hope you have a strong frame or some Thuggish friends if you deposit in that place Razz

9TB Rates down Empty Re: TB Rates down Thu Jun 27, 2013 5:13 pm

balapas


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
@rainmaker wrote:
@balapas wrote:
@UKboy wrote:Hi Guys, Do you know any financial company gives you 15% + (or a mini of 14%) fixed monthly return for a less than 18 months deposit? (If you have a senior citizen as a joint deposit holder). It has to be a registered company under CB.

So far I found only valibell finance.

Arpico Finance is quite good. I have deposits with them for sometime. Their rates are the highest that I have found http://www.arpicofinance.com/html/products_fixed.htm 
Good company and growing fast with Micro finance. Major shareholders are Alliance finance subsidiaries holding more than 60% and third DP.

Hope you have a strong frame or some Thuggish friends if you deposit in that place Razz

I had no issue withdrawing my deposits upon maturity.

10TB Rates down Empty Re: TB Rates down Thu Jun 27, 2013 5:19 pm

Jiggysaurus

Jiggysaurus
Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
@balapas wrote:
@rainmaker wrote:

Hope you have a strong frame or some Thuggish friends if you deposit in that place Razz

I had no issue withdrawing my deposits upon maturity.  

Because of your thuggish friends or because of your strong frame?

11TB Rates down Empty Re: TB Rates down Thu Jun 27, 2013 6:07 pm

smayadunne


Senior Equity Analytic
Senior Equity Analytic
hey,

y dont u try for debentures..?

just try ..Heleys will offer AER 15%+

12TB Rates down Empty Re: TB Rates down Thu Jun 27, 2013 8:48 pm

chamith

chamith
Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
CBSL imposes ceiling on Finance companies over the maximum interest rate that they can pay to their customers. Ceiling is xx% interest for 12 month or less deposits. xx% + 3% for over 12 months deposits.
Therefore those are the boundaries that LFC can play. But some LFC offers 13 Month fixed deposits, so that they can give the maximum interest under CBSL's boundaries.

So shop around and see who offers such products.

13TB Rates down Empty Re: TB Rates down Thu Jun 27, 2013 9:12 pm

WildBear


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
@smayadunne wrote:hey,

y dont u try for debentures..?

just try ..Heleys will offer AER 15%+

Yes, applying for listed debentures would be handy at this point. I applied Commercial Credit debentures at 21 % p.a. few months back, but unfortunately smaller quantity. Even HAYL debentures at 14.25 % looks better with this trend. But I do not know whether they are tradable in near future or we have to hold upto maturity.

However debentures always rank below the Fixed doposits.

14TB Rates down Empty Re: TB Rates down Thu Jun 27, 2013 10:32 pm

rainmaker


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
@Jiggysaurus wrote:
@balapas wrote:
@rainmaker wrote:

Hope you have a strong frame or some Thuggish friends if you deposit in that place Razz

I had no issue withdrawing my deposits upon maturity.  

Because of your thuggish friends or because of your strong frame?

Also helps if you have a Thug girlfriend...... sometimes more effective Wink

15TB Rates down Empty Re: TB Rates down Fri Jun 28, 2013 8:12 am

balapas


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
@rainmaker wrote:
@Jiggysaurus wrote:
@balapas wrote:
@rainmaker wrote:

Hope you have a strong frame or some Thuggish friends if you deposit in that place Razz

I had no issue withdrawing my deposits upon maturity.  

Because of your thuggish friends or because of your strong frame?

Also helps if you have a Thug girlfriend...... sometimes more effective Wink

There is a nice lady at the FD section who will fill all forms so just need to sign forms Very Happy I know the good guys and the thugs there. Need thugs in the recovery team when giving leases to 3 wheeler guys. Thats where you get the thugs. Can hire for personal recoveries also they do a good job. Laughing

Sponsored content


Back to top  Message [Page 1 of 1]

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