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Sri Lankan News Local Consortium of Sri Lanka commits support for govt s ISB restructuring
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).. 26 Nov 2024 (7:54 PM) Sri Lanka s new President needs to address longstanding abuses, impunity - Human Rights Watch
Sri Lanka s new president, Anura Kumara Dissanayake, should address the country s many human rights problems by fulfilling and building upon pledges he made in recent election campaigns, Human Rights Watch has said in a letter to the president. 26 Nov 2024 (7:27 PM) Deep depression to move closer to Sri Lanka s east coast, intensify into cyclonic storm
The Meteorology Department says the deep depression over the southwest Bay of Bengal was located to 190 km southeast of Trincomalee at around 11-30 p.m. of November 26, 2024. 27 Nov 2024 (9:46 AM) CBSL introduces Overnight Policy Rate; further eases monetary policy stance
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. 27 Nov 2024 (10:04 AM) Flood warnings issued for low-lying areas of Malwathu Oya
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. 27 Nov 2024 (10:26 AM) Ad Hoc Bondholders announces support for Sri Lanka s debt restructuring terms
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. 26 Nov 2024 (7:13 PM) |