Treasury bill auction held on 28 April 2015
http://www.cbsl.gov.lk/pics_n_docs/latest_news/press_20150428e.pdf
- sashimaalTop contributor
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Join date : 2014-02-28
Re: Treasury bill auction held on 28 April 2015
Slightly better this week...
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Join date : 2014-08-07
Re: Treasury bill auction held on 28 April 2015
- sashimaalTop contributor
- Posts : 5785
Join date : 2014-02-28
Re: Treasury bill auction held on 28 April 2015
Results are around the corner.
March 31st was the cutover.
The valuation of T/Bonds portfolio that were with ESL/CFVF would have been less than last year's. This plays a significant role in profitability.
So when some people compare YoY results, they will not be that happy (though there is no real reason as the trend is such that the rates are dropping).
With many positives and negatives on paper, these shares may go either way in short term.
However, since the rate trend is favorable, we could see an upward shift later.
As rainmaker mentioned, trading profits are not significant these days.
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Join date : 2014-08-07