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Local Consortium of Sri Lanka commits support for govt s ISB restructuring
26 Nov 2024 (7:54 PM) Ad Hoc Bondholders announces support for Sri Lanka s debt restructuring terms
26 Nov 2024 (7:13 PM) Eight including 6 children missing after tractor swept away by floods
26 Nov 2024 (10:54 PM) CBSL introduces Overnight Policy Rate; further eases monetary policy stance
27 Nov 2024 (10:04 AM) Flood warnings issued for low-lying areas of Malwathu Oya
27 Nov 2024 (10:26 AM) Motorists advised as A-9 main road flooded at Omanthai
27 Nov 2024 (10:39 AM) |
The Local Consortium of Sri Lanka (LCSL), comprised of domestic commercial banks and financial institutions, has committed its full support for the Exchange Offer and Consent Solicitation launched today by the Government of Sri Lanka to restructure the US$12.55bn in outstanding International Sovereign Bonds (ISBs).. 
The Steering Committee of the Ad Hoc Group of Sri Lanka Bondholders has announced its support for the restructuring terms of all 11 series of Sri Lanka s c.$12.55 billion in outstanding sovereign bonds, as detailed in Sri Lanka s Exchange Offer and Consent Solicitation Memorandum published today. 
(UPDATED) At least eight persons including 06 children are reported missing while two children have been rescued after the tractor they were travelling on was caught in flood waters in Karaitivu in Ampara District this evening (26). 
The Monetary Policy Board of the Central Bank of Sri Lanka (CBSL) has decided to further ease the monetary policy stance and set the newly introduced Overnight Policy Rate (OPR) at 8.00 per cent. 
The Irrigation Department has issued a flood warning for several low-lying areas of Malwathu Oya Basin, effective until 5.30 a.m. on November 29, 2024. 
The A-9 main road to Jaffna has been flooded at Omanthai, prompting police to urge motorists to use alternate routes. Copyright © 2007 - 2024 Col3neg. All Rights Reserved.
