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Move to attract vast money market:
Treasury Bills go rural
THE CENTRAL Bank has taken initiatives to promote
Treasury Bills and Bonds in rural areas through primary and
secondary dealers in a bid to popularise the Government’s national
treasury bills/bonds instruments islandwide.
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Lanka to raise US$ 500m from international banks
Sri Lanka is likely to raise US$ 500 million
from international banks for a sovereign bond instead of raising US
$ 400 as planned before, Central Bank sources said.
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Diesel subsidy to continue:
No rise in electricity tariffs
ELECTRICITY TARIFFS would not increase
immediately thanks to the continuation of the diesel subsidy for
Ceylon Electricity Board (CEB) by the Ceylon Petroleum Corporation.
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