CBSL - Press Release - TB

sriranga · 1 CBSL - Press Release - TB Mon Dec 24, 2012 2:21 pm

sriranga

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http://www.cbsl.gov.lk/pics_n_docs/latest_news/press_20121224e.pdf

VISA · 2 Re: CBSL - Press Release - TB Mon Dec 24, 2012 2:45 pm

VISA

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looks like good news continue.

K.Haputantri · 3 Re: CBSL - Press Release - TB Mon Dec 24, 2012 2:51 pm

K.Haputantri

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After all, the CB has realised its mistake. Poor SEC got the beating for the mistakes of the CB and lost two eminant chair persons. Now, they try to boost the image of the new one.

Arena · 4 Re: CBSL - Press Release - TB Mon Dec 24, 2012 2:58 pm

Arena

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ha ha...........This again proofs that Tech.......knows the news before it is released. All the best and seems last couple of days for collectors......

Slstock · 5 Re: CBSL - Press Release - TB Mon Dec 24, 2012 3:04 pm

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I have to agree . The last 2 SEC heads were not bad people. They got caught during bad times and made some drastic changes ( which they thought good for the long term market) but made things worse short term during a falling trend cycle.

If these steps were taken during a bull, the effect would have been less as people who have not lost so much and the blame would have been less. Some felt these steps were like " gahen watuna minihata gona enna wage".

I think time has come for those who lost to re-enter gradually with sound stocks this time with an investment plan.

K.Haputantri wrote:After all, the CB has realised its mistake. Poor SEC got the beating for the mistakes of the CB and lost two eminant chair persons. Now, they try to boost the image of the new one.

Redbulls · 6 Sri Lanka Treasuries yields fall further Mon Dec 24, 2012 4:50 pm

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Dec 24, 2012 (LBO) - Sri Lanka Treasuries yields fell further at Monday's auction held two days earlier due to Christmas holidays, with the 12-month yield falling as much as 49 basis points to 11.69 percent.

The 3-month yield fell 23 basis points to 10.00 percent and the 6-month yield fell 21 basis points to 11.32 basis points.

The state debt office, which is a unit of the Central Banks said 15 billion rupees of maturing bills were offered to the market and 16.9 billion rupees of offers accepted.

Sri Lanka's bill yields fallen steadily over the month with the Central Bank also signaling a 25 basis point rate cut.

Sri Lanka's Treasuries yields started to fall from around September but renewed speculative pressure in forex markets amid term auctions of cash halted the trend.

Since November 30, 3-month yields have fallen 79 basis points, the 6-month yield has fallen 77 basis points and the 12-month yield has fallen 116 basis points.
http://lbo.lk/fullstory.php?nid=739882350