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» අනං මනං! #/+?.<>
Sri Lanka eyes Euro, Yen and Renminbi bonds to cut costs EmptyToday at 3:31 pm by nihal123

» Thread for News on CSE and SL Economy
Sri Lanka eyes Euro, Yen and Renminbi bonds to cut costs EmptyToday at 9:04 am by ruwan326

» Devolution of power, civil wars, altruism, nepotism in animal world
Sri Lanka eyes Euro, Yen and Renminbi bonds to cut costs EmptyYesterday at 1:22 pm by yellow knife

» East West properties
Sri Lanka eyes Euro, Yen and Renminbi bonds to cut costs EmptyYesterday at 12:06 pm by yellow knife

» RCL - Royal Ceramics
Sri Lanka eyes Euro, Yen and Renminbi bonds to cut costs EmptyMon Oct 14, 2019 12:47 pm by seek

» Performance of the Market-Weekly
Sri Lanka eyes Euro, Yen and Renminbi bonds to cut costs EmptySat Oct 12, 2019 4:29 am by ruwan326

» Confidence to boom after election – CBSL Governor
Sri Lanka eyes Euro, Yen and Renminbi bonds to cut costs EmptyFri Oct 11, 2019 4:09 pm by Backstage

» Sri Lanka among top 20 rising stars of world trade
Sri Lanka eyes Euro, Yen and Renminbi bonds to cut costs EmptyFri Oct 11, 2019 4:08 pm by Backstage

» CLND Not to miss
Sri Lanka eyes Euro, Yen and Renminbi bonds to cut costs EmptyThu Oct 10, 2019 9:24 am by ruwan326

» Dividend Announcement
Sri Lanka eyes Euro, Yen and Renminbi bonds to cut costs EmptyWed Oct 09, 2019 4:59 pm by Rana

» අපි නොදන්න ගීතයක කතාව
Sri Lanka eyes Euro, Yen and Renminbi bonds to cut costs EmptyFri Oct 04, 2019 11:55 am by nuwanmja

» මූඩීස් ප්‍රකාශය පිළිගන්න බැහැ – මහ බැංකුව කියයි
Sri Lanka eyes Euro, Yen and Renminbi bonds to cut costs EmptyWed Oct 02, 2019 6:46 am by nihal123

» ආර්ථික වර්ධනය 2.7% ට බසී
Sri Lanka eyes Euro, Yen and Renminbi bonds to cut costs EmptyTue Oct 01, 2019 1:29 pm by nihal123

» Ranil agrees to give Sajith candidacy - AdaDetana
Sri Lanka eyes Euro, Yen and Renminbi bonds to cut costs EmptyThu Sep 26, 2019 5:05 pm by mymoney

» Cracks in the Real Estate Sector
Sri Lanka eyes Euro, Yen and Renminbi bonds to cut costs EmptyThu Sep 26, 2019 2:44 pm by chutiputha

» Films - To Watch List
Sri Lanka eyes Euro, Yen and Renminbi bonds to cut costs EmptyFri Sep 20, 2019 8:38 am by Topcat

» ෆිනෑන්ස් බලපත්‍රය අවලංගුයි. අද සිට මුදල් ව්‍යාපාර බැහැ
Sri Lanka eyes Euro, Yen and Renminbi bonds to cut costs EmptyFri Sep 20, 2019 7:53 am by serene

» DOCK.N0000 (COLOMBO DOCKYARD PLC)
Sri Lanka eyes Euro, Yen and Renminbi bonds to cut costs EmptyThu Sep 19, 2019 4:33 pm by nuwanmja

» Easter Sunday Attack and Sri Lanka
Sri Lanka eyes Euro, Yen and Renminbi bonds to cut costs EmptyThu Sep 19, 2019 12:49 pm by Ethical Trader

» Trading Journal
Sri Lanka eyes Euro, Yen and Renminbi bonds to cut costs EmptyWed Sep 18, 2019 9:01 am by CK

» Thought for the day...
Sri Lanka eyes Euro, Yen and Renminbi bonds to cut costs EmptyTue Sep 17, 2019 5:44 pm by sashimaal

» කැසිනෝ ව්‍යාපාරික රවී විජේරත්න, අර්බුදයට පත් MTD Walkers මිල දී ගැනීමට සැරසෙයි
Sri Lanka eyes Euro, Yen and Renminbi bonds to cut costs EmptyMon Sep 09, 2019 7:47 pm by nihal123

» Happy Birthday
Sri Lanka eyes Euro, Yen and Renminbi bonds to cut costs EmptyMon Sep 09, 2019 10:54 am by nuwanmja

»  Rajgama Heroes !
Sri Lanka eyes Euro, Yen and Renminbi bonds to cut costs EmptySat Sep 07, 2019 10:24 am by කිත්සිරි ද සිල්වා

» Yahoo mail
Sri Lanka eyes Euro, Yen and Renminbi bonds to cut costs EmptyFri Sep 06, 2019 5:38 pm by Rana

» Thread for News on International Markets
Sri Lanka eyes Euro, Yen and Renminbi bonds to cut costs EmptyFri Sep 06, 2019 9:50 am by The Invisible

» JINS.N0000 ( Janashakthi Insurance PLC)
Sri Lanka eyes Euro, Yen and Renminbi bonds to cut costs EmptyFri Sep 06, 2019 9:47 am by The Invisible

» Browns Investments update
Sri Lanka eyes Euro, Yen and Renminbi bonds to cut costs EmptyFri Sep 06, 2019 6:00 am by sanjulanka

» Hayleys MGT
Sri Lanka eyes Euro, Yen and Renminbi bonds to cut costs EmptyFri Sep 06, 2019 5:55 am by The Invisible

» SEYB.N0000 ( SEYLAN BANK PLC )
Sri Lanka eyes Euro, Yen and Renminbi bonds to cut costs EmptyThu Sep 05, 2019 8:47 pm by soileconomy

» Tourism Sector
Sri Lanka eyes Euro, Yen and Renminbi bonds to cut costs EmptyThu Sep 05, 2019 6:08 pm by NIRMALSG

» TJL.N0000 (Textured Jersey Lanka PLC.)
Sri Lanka eyes Euro, Yen and Renminbi bonds to cut costs EmptyTue Sep 03, 2019 6:12 pm by Ethical Trader

» UBC Union Bank of Colombo
Sri Lanka eyes Euro, Yen and Renminbi bonds to cut costs EmptyTue Sep 03, 2019 12:09 pm by The Invisible

» Obituary Notice.
Sri Lanka eyes Euro, Yen and Renminbi bonds to cut costs EmptyMon Sep 02, 2019 10:34 pm by කිත්සිරි ද සිල්වා

» Thread for News on Local and Foreign Politics
Sri Lanka eyes Euro, Yen and Renminbi bonds to cut costs EmptySat Aug 31, 2019 5:13 pm by The Invisible

» Sri Lanka bank profitability under pressure: Moody’s
Sri Lanka eyes Euro, Yen and Renminbi bonds to cut costs EmptySat Aug 31, 2019 8:44 am by The Invisible

» ‘වැඩකාරයාගේ නමත් සිරිසේන’ කියලා හිනාවුණා
Sri Lanka eyes Euro, Yen and Renminbi bonds to cut costs EmptyFri Aug 30, 2019 4:05 pm by sanjulanka

» 8000 Post Club | Celebration of a Great Milestone කිත්සිරි ද සිල්වා
Sri Lanka eyes Euro, Yen and Renminbi bonds to cut costs EmptyThu Aug 29, 2019 7:17 pm by කිත්සිරි ද සිල්වා

» In the Meantime, Within Our Shores !
Sri Lanka eyes Euro, Yen and Renminbi bonds to cut costs EmptyThu Aug 29, 2019 10:37 am by කිත්සිරි ද සිල්වා

» Sri Lanka to call for bids to develop Mannar Basin natural gas find
Sri Lanka eyes Euro, Yen and Renminbi bonds to cut costs EmptyTue Aug 27, 2019 4:32 pm by nuwanmja

» “බිරිඳගේ සහ පෙම්වතියගේ වෙනස මොකක්ද?”
Sri Lanka eyes Euro, Yen and Renminbi bonds to cut costs EmptySun Aug 25, 2019 11:51 pm by sanjulanka

» The Central Bank of Sri Lanka Reduces its Policy Interest Rates
Sri Lanka eyes Euro, Yen and Renminbi bonds to cut costs EmptySat Aug 24, 2019 4:26 am by Ethical Trader

» JKH - 155/00 Breakout is pending
Sri Lanka eyes Euro, Yen and Renminbi bonds to cut costs EmptyFri Aug 23, 2019 2:21 pm by pjrngroup

» Tokyo as at 21.08.2019 Morning
Sri Lanka eyes Euro, Yen and Renminbi bonds to cut costs EmptyWed Aug 21, 2019 10:07 am by nisashi

» What Would You Do?
Sri Lanka eyes Euro, Yen and Renminbi bonds to cut costs EmptyMon Aug 19, 2019 1:02 pm by කිත්සිරි ද සිල්වා

» Back of the Legends
Sri Lanka eyes Euro, Yen and Renminbi bonds to cut costs EmptyMon Aug 19, 2019 10:13 am by Topcat

» NTB.N0000 (NATIONS TRUST BANK PLC)
Sri Lanka eyes Euro, Yen and Renminbi bonds to cut costs EmptySun Aug 18, 2019 10:33 pm by lanka

» Melstacorp (MELS)
Sri Lanka eyes Euro, Yen and Renminbi bonds to cut costs EmptySun Aug 18, 2019 8:33 pm by The Invisible

» Cargills (CARG)
Sri Lanka eyes Euro, Yen and Renminbi bonds to cut costs EmptySun Aug 18, 2019 8:26 pm by The Invisible

» SHL.N0000 (Softlogic Holdings PLC)
Sri Lanka eyes Euro, Yen and Renminbi bonds to cut costs EmptySun Aug 18, 2019 8:14 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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