Subscribe to Central Bank of Sri Lanka RSS


Democratic Socialist Republic of Sri Lanka USD 1.5 billion International Sovereign Bond Offering

The Central Bank of Sri Lanka, on behalf of the Government of Sri Lanka (Sri Lanka), successfully priced a new U.S.$1.5 billion 10-year International Sovereign Bond (Bonds) on May 4th, 2017. The Bonds have been rated ‘B1’, ‘B+’ and ‘B+' by Moody's Investors Service, Standard and Poor’s and Fitch Ratings respectively.

This marks Sri Lanka’s eleventh U.S. dollar benchmark offering in the international bond markets since 2007 and is a clear testament of the international investor community’s continued support for Sri Lanka through the years. Citigroup, CITIC CLSA Securities, Deutsche Bank, HSBC, ICBC International, J.P. Morgan and Standard Chartered Bank acted as the Joint Lead Managers and Bookrunners on this successful transaction.

The transaction was undertaken on the back of a strong market window post the Federal Open Market Committee minutes release and ahead of the Nonfarm payroll and the French elections. The transaction also coincided with the International Monetary Fund staff-level agreement that was released a day before on May 3rd, 2017.

External Sector Performance – January 2017

Sri Lanka’s external sector demonstrated a modest performance in January 2017. During the month, the trade deficit widened as a result of increased import expenditure and a decline in export earnings. However, foreign currency receipts in terms of earnings from tourism recorded a relatively high growth in January 2017 while workers’ remittances grew at a moderate rate, year–on-year. The government securities market and the Colombo Stock Exchange (CSE) witnessed net outflows during January 2017.


'Central Bank Comes to You…' Open Day Programme conducted by the Central Bank of Sri Lanka

The Central Bank of Sri Lanka (CBSL) will conduct its first Open Day Programme “Central Bank Comes to You…” at the CBSL Regional Office Matale, at No. 805, Trincomalee Street, Mandandawala, Matale on Friday 5th and Saturday 6th May 2017 from 9.00 a.m. to 8.00 p.m.

The purpose of the programme is to enable the General Public to access services provided by the CBSL, such as services relating to EPF , exchange of damaged currency notes and issue of coins, currency museum, sale of CBSL publications, SMI loan schemes etc. and to interact with the Governor and senior management of the CBSL.

Sessions will be held on issues concerning exchange control regulations, pyramid schemes, unauthorized financial businesses, microfinance companies etc.

The services of the Credit Information Bureau (CRIB) and Credit Counseling Centre will be available. There will be stalls by licensed banks and SMI entrepreneurs assisted by the CBSL Regional Office Matale will market their products.