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» Thread for News on CSE and SL Economy
Sri Lanka eyes Euro, Yen and Renminbi bonds to cut costs EmptyToday at 2:20 pm by nuwanmja

» Gota's Era
Sri Lanka eyes Euro, Yen and Renminbi bonds to cut costs EmptyToday at 11:54 am by yellow knife

» Dividend Announcements
Sri Lanka eyes Euro, Yen and Renminbi bonds to cut costs EmptyToday at 11:25 am by Rana

» LIOC.N0000 (Lanka IOC PLC)
Sri Lanka eyes Euro, Yen and Renminbi bonds to cut costs EmptyToday at 9:48 am by LSE

» බැඳුම්කර වංචාවේ වෝහාරික විගණන වාර්තාව පාර්ලිමේන්තුවට
Sri Lanka eyes Euro, Yen and Renminbi bonds to cut costs EmptyFri Jan 24, 2020 7:05 am by nihal123

» අසාදුගත ව්‍යාපාරිකයින්ට රජයෙන් දුන් සහනය මෙන්න
Sri Lanka eyes Euro, Yen and Renminbi bonds to cut costs EmptyFri Jan 24, 2020 6:37 am by nihal123

» SAMP.N0000 (Sampath Bank PLC)
Sri Lanka eyes Euro, Yen and Renminbi bonds to cut costs EmptyThu Jan 23, 2020 5:55 pm by NIRMALSG

» සුරැකුම්පත් කොමිසමට නව සභාපතිවරයෙක්
Sri Lanka eyes Euro, Yen and Renminbi bonds to cut costs EmptyWed Jan 22, 2020 10:20 am by lanka

» In the Meantime, Within Our Shores !
Sri Lanka eyes Euro, Yen and Renminbi bonds to cut costs EmptyTue Jan 21, 2020 10:17 am by කිත්සිරි ද සිල්වා

» කොටස් තැරැව්කරුවෝ අගමැති මහින්ද හමුවෙති
Sri Lanka eyes Euro, Yen and Renminbi bonds to cut costs EmptyMon Jan 20, 2020 9:29 pm by nihal123

» Obituary Notice.
Sri Lanka eyes Euro, Yen and Renminbi bonds to cut costs EmptyTue Jan 14, 2020 4:14 pm by ipo

» LOLC Holdings
Sri Lanka eyes Euro, Yen and Renminbi bonds to cut costs EmptyMon Jan 13, 2020 6:04 pm by smallville

» SEYB.N0000 (Seylan Bank PLC)
Sri Lanka eyes Euro, Yen and Renminbi bonds to cut costs EmptySun Jan 12, 2020 10:06 pm by subash

» Happy Birthday
Sri Lanka eyes Euro, Yen and Renminbi bonds to cut costs EmptySun Jan 12, 2020 9:16 pm by lanka

» ශ්‍රී ලංකා කොටස් වෙළෙඳපොළ ඉතිහාසයේ දෙවැනි විශාලතම කොටස් ගනුදෙනුව අද
Sri Lanka eyes Euro, Yen and Renminbi bonds to cut costs EmptyThu Jan 09, 2020 9:59 pm by nihal123

» Hayleys MGT
Sri Lanka eyes Euro, Yen and Renminbi bonds to cut costs EmptyThu Jan 09, 2020 5:40 pm by subash

» Browns Investments update
Sri Lanka eyes Euro, Yen and Renminbi bonds to cut costs EmptyThu Jan 09, 2020 10:42 am by The Invisible

» Tokyo Cement
Sri Lanka eyes Euro, Yen and Renminbi bonds to cut costs EmptyWed Jan 08, 2020 10:48 pm by The Invisible

» Lanka Tiles
Sri Lanka eyes Euro, Yen and Renminbi bonds to cut costs EmptyWed Jan 08, 2020 10:44 pm by The Invisible

» RCL - Royal Ceramics
Sri Lanka eyes Euro, Yen and Renminbi bonds to cut costs EmptyWed Jan 08, 2020 10:39 pm by The Invisible

» AEL Access Engineering
Sri Lanka eyes Euro, Yen and Renminbi bonds to cut costs EmptyWed Jan 08, 2020 10:30 pm by The Invisible

» Sri Lanka central bank to develop a cost-based rate to price loans
Sri Lanka eyes Euro, Yen and Renminbi bonds to cut costs EmptyWed Jan 08, 2020 10:21 pm by The Invisible

» Dialog Finance
Sri Lanka eyes Euro, Yen and Renminbi bonds to cut costs EmptyWed Jan 08, 2020 10:19 pm by The Invisible

» Tourism Sector
Sri Lanka eyes Euro, Yen and Renminbi bonds to cut costs EmptyTue Jan 07, 2020 2:05 pm by nihal123

» Expolanka
Sri Lanka eyes Euro, Yen and Renminbi bonds to cut costs EmptyTue Jan 07, 2020 1:18 am by Afourer

» Cartoon Today
Sri Lanka eyes Euro, Yen and Renminbi bonds to cut costs EmptyMon Jan 06, 2020 2:41 pm by කිත්සිරි ද සිල්වා

» කොළඹ කොටස් හුවමාරුවෙහි නවතම ජංගම දුරකථන යෙදුම
Sri Lanka eyes Euro, Yen and Renminbi bonds to cut costs EmptySat Jan 04, 2020 7:36 pm by spw19721

» ඉරානයට කළ ප්‍රහාරයෙන් පසු යුරෝපයේ කොටස් වෙළඳපොළ රැසක් පහළ වැටෙයි
Sri Lanka eyes Euro, Yen and Renminbi bonds to cut costs EmptySat Jan 04, 2020 1:30 pm by nihal123

» VAT අදාළ නැති කට්ටිය මෙන්න. 50,000 ක ලැයිස්තුවක්
Sri Lanka eyes Euro, Yen and Renminbi bonds to cut costs EmptyFri Jan 03, 2020 11:55 am by nihal123

» How to get Access to: 104 Technical trading experiments by HUNTER
Sri Lanka eyes Euro, Yen and Renminbi bonds to cut costs EmptyThu Jan 02, 2020 9:20 am by Admin

» ලංකාවේ ලොකුම සමාගම මෙන්න. දුම්කොළ සමාගම අභිබවමින් ජෝන් කීල්ස් යළිත් පෙරමුණට
Sri Lanka eyes Euro, Yen and Renminbi bonds to cut costs EmptyWed Jan 01, 2020 7:48 pm by Rana

» Sri Lanka’s LOLC Prepares to Sell Its Biggest Overseas Unit
Sri Lanka eyes Euro, Yen and Renminbi bonds to cut costs EmptyWed Jan 01, 2020 4:43 pm by nuwanmja

» Sri Lanka’s Cargills, Sampath, DFCC Bank says met lending rate ceilings
Sri Lanka eyes Euro, Yen and Renminbi bonds to cut costs EmptyWed Jan 01, 2020 4:26 pm by NIRMALSG

» Sri Lanka bank bad loans spike to 4.9-pct, non-banks 9.7-pct in Sept
Sri Lanka eyes Euro, Yen and Renminbi bonds to cut costs EmptyWed Jan 01, 2020 9:29 am by The Invisible

» People’s Bank, Sampath, and DFCC face penalties
Sri Lanka eyes Euro, Yen and Renminbi bonds to cut costs EmptyTue Dec 31, 2019 6:33 pm by nihal123

» NDB.N0000 (National Development Bank PLC)
Sri Lanka eyes Euro, Yen and Renminbi bonds to cut costs EmptyTue Dec 31, 2019 1:55 am by Trend

» COMB.N0000 (Commercial Bank of Ceylon PLC)
Sri Lanka eyes Euro, Yen and Renminbi bonds to cut costs EmptyThu Dec 26, 2019 9:23 pm by spw19721

» Thought for the day...
Sri Lanka eyes Euro, Yen and Renminbi bonds to cut costs EmptyThu Dec 26, 2019 3:41 pm by Topcat

» ඩොක්ටර් ඒලියන්ත වයිට්
Sri Lanka eyes Euro, Yen and Renminbi bonds to cut costs EmptyThu Dec 26, 2019 9:15 am by කිත්සිරි ද සිල්වා

» Why (Happy) People Cheat?
Sri Lanka eyes Euro, Yen and Renminbi bonds to cut costs EmptyWed Dec 25, 2019 8:34 pm by pjrngroup

» Who killed Cock Robin?
Sri Lanka eyes Euro, Yen and Renminbi bonds to cut costs EmptyWed Dec 25, 2019 8:33 pm by pjrngroup

» 65 Ways to Make Money Online
Sri Lanka eyes Euro, Yen and Renminbi bonds to cut costs EmptyTue Dec 24, 2019 9:24 am by Topcat

» සුළු හා මධ්‍ය පරිමාණ ව්‍යාපාරිකයින් ලබාගත් ණය අයකර ගැනීම අත්හිටුවන්න
Sri Lanka eyes Euro, Yen and Renminbi bonds to cut costs EmptyTue Dec 24, 2019 8:50 am by Topcat

» ACL Cables
Sri Lanka eyes Euro, Yen and Renminbi bonds to cut costs EmptySat Dec 21, 2019 5:34 am by NIRMALSG

» Sri Lanka to up employer EPF contribution to 15-pct, start social security fund
Sri Lanka eyes Euro, Yen and Renminbi bonds to cut costs EmptyWed Dec 18, 2019 2:46 pm by The Invisible

» රාජ්‍ය සමාගම් කොටස් වෙළෙඳපොළට ගෙන ආ යුතුයි
Sri Lanka eyes Euro, Yen and Renminbi bonds to cut costs EmptyFri Dec 13, 2019 12:37 pm by serene

» Sri Lanka can resume high growth path, cut more taxes: Mark Mobius
Sri Lanka eyes Euro, Yen and Renminbi bonds to cut costs EmptyThu Dec 12, 2019 9:29 am by The Alchemist

» රතු වැටෙනකොට
Sri Lanka eyes Euro, Yen and Renminbi bonds to cut costs EmptyWed Dec 11, 2019 2:59 pm by කිත්සිරි ද සිල්වා

» Sri Lanka interest rates should go down, currency will not fall: Mark Mobius
Sri Lanka eyes Euro, Yen and Renminbi bonds to cut costs EmptyWed Dec 11, 2019 11:18 am by The Invisible

» Equation of Happiness Solved
Sri Lanka eyes Euro, Yen and Renminbi bonds to cut costs EmptyTue Dec 10, 2019 5:23 pm by Backstage

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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
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