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» Coronavirus Updates
Sri Lanka eyes Euro, Yen and Renminbi bonds to cut costs EmptyToday at 9:36 am by The Invisible

» Thread for News on CSE and SL Economy
Sri Lanka eyes Euro, Yen and Renminbi bonds to cut costs EmptyYesterday at 5:21 pm by NIRMALSG

» Obituary Notice.
Sri Lanka eyes Euro, Yen and Renminbi bonds to cut costs EmptyYesterday at 12:51 pm by කිත්සිරි ද සිල්වා

» Access Engineering AEL Technical Analysis
Sri Lanka eyes Euro, Yen and Renminbi bonds to cut costs EmptyTue Jun 30, 2020 11:00 am by HUNTER

»  6000 Post Club , Celebration of a Great Milestone, Slstock
Sri Lanka eyes Euro, Yen and Renminbi bonds to cut costs EmptyTue Jun 30, 2020 9:35 am by slstock

» LIOC.N0000 (Lanka IOC PLC)
Sri Lanka eyes Euro, Yen and Renminbi bonds to cut costs EmptyTue Jun 30, 2020 8:00 am by LSE

» How to get Access to: 104 Technical trading experiments by HUNTER
Sri Lanka eyes Euro, Yen and Renminbi bonds to cut costs EmptyMon Jun 29, 2020 9:35 am by nuwanmja

» Sri Lanka to monetize tens of billions of contractor bills
Sri Lanka eyes Euro, Yen and Renminbi bonds to cut costs EmptySun Jun 28, 2020 10:30 am by The Invisible

» CFVF - First Capital
Sri Lanka eyes Euro, Yen and Renminbi bonds to cut costs EmptySat Jun 27, 2020 10:22 pm by HUNTER

» RCL - Royal Ceramics
Sri Lanka eyes Euro, Yen and Renminbi bonds to cut costs EmptySat Jun 27, 2020 4:02 am by desh87

» Stocks - Banks Drag Wall Street Lower After Fed Buyback Ban; Dow Down 290
Sri Lanka eyes Euro, Yen and Renminbi bonds to cut costs EmptyFri Jun 26, 2020 11:35 pm by nihal123

» Sri Lanka plans US$4bn PPP for LRT in place of Japan funded soft-loan project
Sri Lanka eyes Euro, Yen and Renminbi bonds to cut costs EmptyThu Jun 25, 2020 8:57 pm by The Invisible

» PABC.N0000 (Pan Asia Banking Corporation PLC)
Sri Lanka eyes Euro, Yen and Renminbi bonds to cut costs EmptyWed Jun 24, 2020 10:37 pm by seek

» JKH.N0000
Sri Lanka eyes Euro, Yen and Renminbi bonds to cut costs EmptyWed Jun 24, 2020 9:33 pm by The Invisible

» Plantation sector updates
Sri Lanka eyes Euro, Yen and Renminbi bonds to cut costs EmptyWed Jun 24, 2020 10:32 am by The Invisible

» Dividend Announcements
Sri Lanka eyes Euro, Yen and Renminbi bonds to cut costs EmptyTue Jun 23, 2020 4:00 pm by Rana

» In the Meantime, Within Our Shores !
Sri Lanka eyes Euro, Yen and Renminbi bonds to cut costs EmptyTue Jun 23, 2020 7:30 am by Rajapaksap

» LOLC Holdings
Sri Lanka eyes Euro, Yen and Renminbi bonds to cut costs EmptyMon Jun 22, 2020 3:40 pm by Rajapaksap

» Sri Lanka bank bad loans in March 2020 pick up to 5.1-pct
Sri Lanka eyes Euro, Yen and Renminbi bonds to cut costs EmptyMon Jun 22, 2020 12:50 pm by The Invisible

» The Central Bank of Sri Lanka Further Reduces the Statutory Reserve Ratio
Sri Lanka eyes Euro, Yen and Renminbi bonds to cut costs EmptyMon Jun 22, 2020 11:53 am by nihal123

» Sri Lanka tea prices pickup marginally mid June
Sri Lanka eyes Euro, Yen and Renminbi bonds to cut costs EmptySun Jun 21, 2020 8:11 pm by The Invisible

» කොළඹ කොටස් වෙළඳපොළ ඩිජිටල්කරණය කිරීමේ වැඩපිළිවෙල ඇරඹෙයි
Sri Lanka eyes Euro, Yen and Renminbi bonds to cut costs EmptySun Jun 21, 2020 12:55 pm by HUNTER

» Sri Lankans stock up, buy online in Covid-19 curfews, informal workers hard-hit: survey
Sri Lanka eyes Euro, Yen and Renminbi bonds to cut costs EmptySun Jun 21, 2020 9:34 am by The Invisible

» Sri Lanka chicken supplies to tighten after Covid-19 crisis, maize import controls
Sri Lanka eyes Euro, Yen and Renminbi bonds to cut costs EmptySun Jun 21, 2020 9:32 am by The Invisible

» S&P SL20 සමාගම් ලැයිස්තුවේ වෙනසක්.
Sri Lanka eyes Euro, Yen and Renminbi bonds to cut costs EmptySat Jun 20, 2020 7:56 am by slstock

» HNB රුපියල් බිලියන 5ක ණය යෝජනා ක‍්‍රමයක් දියත් කරයි
Sri Lanka eyes Euro, Yen and Renminbi bonds to cut costs EmptyFri Jun 19, 2020 10:47 pm by nihal123

» SAMP.N0000 (Sampath Bank PLC)
Sri Lanka eyes Euro, Yen and Renminbi bonds to cut costs EmptyFri Jun 19, 2020 1:08 pm by dakzsl

» HAYC - Haycarb
Sri Lanka eyes Euro, Yen and Renminbi bonds to cut costs EmptyFri Jun 19, 2020 12:04 pm by Rational Investor

» විශාලම ලැයිස්තුගත සමාගම් 50 විනිවිදභාවය පිළිබඳ වාර්තාවක් එළිදැක්වෙයි
Sri Lanka eyes Euro, Yen and Renminbi bonds to cut costs EmptyThu Jun 18, 2020 11:13 pm by nihal123

» HAYL.N0000 Hayleys PLC
Sri Lanka eyes Euro, Yen and Renminbi bonds to cut costs EmptyThu Jun 18, 2020 7:53 pm by NIRMALSG

» GLAS.N0000 (Piramal Glass Ceylon PLC)
Sri Lanka eyes Euro, Yen and Renminbi bonds to cut costs EmptyWed Jun 17, 2020 12:29 pm by nuwanmja

» Sri Lanka bank forex funding pressures, bad loans to rise after Covid-19: Fitch
Sri Lanka eyes Euro, Yen and Renminbi bonds to cut costs EmptyWed Jun 17, 2020 10:43 am by The Invisible

» Sri Lanka telecom regulator asked find businesses to use Lotus Tower
Sri Lanka eyes Euro, Yen and Renminbi bonds to cut costs EmptyWed Jun 17, 2020 10:33 am by The Invisible

» Gota's Era
Sri Lanka eyes Euro, Yen and Renminbi bonds to cut costs EmptyTue Jun 16, 2020 2:40 pm by puliyanam

» Fitch Revises Ratings on 11 Sri Lankan Financial
Sri Lanka eyes Euro, Yen and Renminbi bonds to cut costs EmptySat Jun 13, 2020 11:58 am by spw19721

» Carlton Sports Network to resume broadcasts soon – Rohan Welivita
Sri Lanka eyes Euro, Yen and Renminbi bonds to cut costs EmptyFri Jun 12, 2020 11:27 am by Rajapaksap

» සල්ලි අච්චු ගැසුවාද?
Sri Lanka eyes Euro, Yen and Renminbi bonds to cut costs EmptyWed Jun 10, 2020 11:35 pm by nihal123

» වටිනා පාඩමක්!
Sri Lanka eyes Euro, Yen and Renminbi bonds to cut costs EmptyWed Jun 10, 2020 9:58 pm by Backstage

» Sri Lanka’s General Election on August 05
Sri Lanka eyes Euro, Yen and Renminbi bonds to cut costs EmptyWed Jun 10, 2020 3:08 pm by The Invisible

» Hayleys MGT
Sri Lanka eyes Euro, Yen and Renminbi bonds to cut costs EmptyTue Jun 09, 2020 11:16 am by The Invisible

» AEL Access Engineering
Sri Lanka eyes Euro, Yen and Renminbi bonds to cut costs EmptyTue Jun 09, 2020 11:08 am by The Invisible

» Sri Lanka import controls, cargo bottleneck hit apparel exporters
Sri Lanka eyes Euro, Yen and Renminbi bonds to cut costs EmptyMon Jun 08, 2020 4:12 pm by The Invisible

» Sri Lanka tea prices ease lower, low growns drive May average to all time high
Sri Lanka eyes Euro, Yen and Renminbi bonds to cut costs EmptyMon Jun 08, 2020 8:47 am by slstock

» Sri Lanka plans to allow tourists from August, no mandatory quarantine
Sri Lanka eyes Euro, Yen and Renminbi bonds to cut costs EmptySat Jun 06, 2020 3:05 pm by Antonym

» Sri Lanka makes trillion rupee mini-budget till August under Presidential powers
Sri Lanka eyes Euro, Yen and Renminbi bonds to cut costs EmptyFri Jun 05, 2020 10:48 am by The Invisible

» HHL.N0000 ( Hemas Holdings PLC)
Sri Lanka eyes Euro, Yen and Renminbi bonds to cut costs EmptyThu Jun 04, 2020 4:32 pm by Backstage

» LION.N0000 (Lion Brewery Ceylon PLC)
Sri Lanka eyes Euro, Yen and Renminbi bonds to cut costs EmptyThu Jun 04, 2020 2:21 pm by The Invisible

» කොටස්--වෙළෙඳපොළ--වැසුවාද
Sri Lanka eyes Euro, Yen and Renminbi bonds to cut costs EmptyWed Jun 03, 2020 9:49 pm by nihal123

» විදෙස් ආයෝජකයින්ගේ උනන්දුව ඉහළට
Sri Lanka eyes Euro, Yen and Renminbi bonds to cut costs EmptyWed Jun 03, 2020 7:38 pm by කිත්සිරි ද සිල්වා

» United Motors
Sri Lanka eyes Euro, Yen and Renminbi bonds to cut costs EmptyWed Jun 03, 2020 5:26 pm by The Invisible

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Sri Lanka eyes Euro, Yen and Renminbi bonds to cut costs

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Sri Lanka eyes Euro, Yen and Renminbi bonds to cut costs Empty Sri Lanka eyes Euro, Yen and Renminbi bonds to cut costs

Post by The Invisible on Thu Aug 23, 2018 10:33 am

ECONOMYNEXT - Sri Lanka will study the feasibility of selling Euro, Yen and Renminbi in a bid to reduce costs of foreign borrowing, the state information office said.

The cabinet of ministers had given the nod for the finance ministry to set up a committee to determine whether diversifying away from the US dollar can cut interest costs.

Sri Lanka has up to now only sold dollar-denominated sovereign bonds.

Central Bank Governor Indrajit Coomaraswamy said Sri Lanka wanted to sell a 250 million US dollar Panda (Renminbi) bond later in 2019.

The overall cost will be assessed with a Renminbi/dollar swap, he said. Sri Lanka's rupee is loosely pegged to the US dollar and the dollar is also the intervention currency.

There were also offers to sell Samurai (Yen) bonds
The Invisible
The Invisible

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