Sri Lanka sells extra Rs80mn Treasury bills after auction

Friday November 28, 2025 6:42 pm

ECONOMYNEXT – Sri Lanka has sold 80 million rupees of treasury bills offered on tap at an average rate of 7.91 percent, the state debt office said, bringing the total of bills sold this week to 55.71 billion rupees.

The debt office sold 6-month bills at 7.91 percent.

On Wednesday (26) the debt office raised 55.63 billion rupees of 3, 6 and 12 month bills.

Read more
Sri Lanka sells less than offered treasury bills, yields flat

Settlement date is November 28. (Colombo/Nov28/2025)

Friday November 28, 2025 6:49 pm

ECONOMYNEXT – Sri Lanka has sold 2,200 million rupees of bonds offered on tap at the average rates set at an auction last week, bringing the total of bonds sold in the week to 41.6 billion, data from the central bank’s Public Debt Department showed.

The debt office sold a 1 June 2033 maturity bond (LKB02033F013) at a weighted average yield rate of 10.39 percent.

On Thursday, 39.40 billion rupees in 2030 and 2033 bonds were sold.

Read more
Sri Lanka sells Rs39.40bn in 2030, 2033 bonds

Total market subscription was 4,400 million rupees.

Settlement date is December 1. (Colombo/Nov28/2025)

Friday November 28, 2025 6:34 pm

ECONOMYNEXT – Sri Lanka’s rupee closed at 308.00/20 to the US dollar in the spot market Friday, weaker from 308.05/15 the previous day, dealers said, while bond yields remained broadly steady. The rupee was quoted at 307.80/95 last Friday.

A bond maturing on 15.12.2026 was quoted at 8.20/30 percent, down from 8.25/35 percent.

A bond maturing on 15.02.2028 was quoted at 9.12/18 percent, up from 9.08/13 percent.

A bond maturing on 15.09.2029 was quoted flat at 9.50/55 percent.

A bond maturing on 01.07.2030 was quoted at 9.55/60 percent, down from 9.59/64 percent.

A bond maturing on 15.12.2032 was quoted at 10.25/30 percent, up from 10.23/30 percent.

A bond maturing on 15.09.2034 was quoted at 10.55/65 percent, up from 10.54/60 percent. (Colombo/Nov28/2025)

Friday November 28, 2025 5:40 pm

ECONOMYNEXT – India has extended immediate humanitarian relief to Sri Lanka which has been hit by Cyclone Ditwah, the Indian High Commission in Colombo said, with the death toll reaching at least 56 in the last three days.

The island nation is struggling to face the adverse weather due to Cyclone Ditwah, which intensified from a deep depression near the Sri Lankan coast and made landfall on 27 November 2025.

Sri Lanka has been facing extensive flooding, landslides, and severe disruption to essential services across multiple districts with the cyclone bringing torrential rains and destructive winds to the eastern, central, and many regions island wide, causing widespread damage to homes, livelihoods, and critical infrastructure.

“Responding swiftly to the emerging humanitarian needs, the Government of India has arranged urgent relief assistance to support ongoing Humanitarian Assistance and Disaster Relief (HADR) efforts for the affected families,” the Indian High Commission said in a statement.

It said the relief provided so far includes dry and fresh rations along with other essential survival items

The supplies were provided from the Indian Naval Ships INS Vikrant and INS Udayagiri, which are currently in Sri Lanka, the High Commission said.

“Further assistance will continue to be coordinated in consultation with the authorities of the Government of Sri Lanka as the situation evolves,” it said. (Colombo/November 28/2025)

Friday November 28, 2025 5:13 pm

ECONOMYNEXT – Access roads to Sri Lanka’s main Bandaranaike International Airport (BIA) in Katunayake have been affected by floods due to the prevailing adverse weather conditions across the country, Airport and Aviation Services (Sri Lanka) (Private) Limited said.

It advised passengers to use the Colombo-Katunayake Express highway when travelling to the airport. to ensure a smoother and safer journey to BIA.

“Additionally, to help reduce congestion within the airport premises during this period, passengers are kindly requested not to bring visitors to the terminal,” it urged in a statement.

The move also comes amid delay in departure of several flights from BIA due to adverse weather.

Cyclone Ditwah has killed at least 56 in Sri Lanka and people were warned off river valleys as flood waters continued to rise Friday in the coastal plains with authorities forecasting more rains.(Colombo/November 28/2025)

Friday November 28, 2025 2:38 pm

ECONOMYNEXT – The Colombo Stock Exchange closed 0.22 percent higher on Friday amidst an early market closure due to adverse weather conditions, brokers said.

“We have been seeing a bit of downward trend these days, but today we saw a slight reversal in the market,” Dimantha Mathew, Chief Research and Strategy Officer at First Capital Holdings PLC said.

Market ceased trading at 12.30 pm after 3 hours.

“Today was a bit of a shorter day and not many traders were there in the market.”

The broader All Share Price Index (ASPI) closed 50.73 points up at 22,712.82 while the more liquid S&P SL20 index closed 0.16 percent, or 10.12 points higher, at 6,278.57.

However, both the indices had dipped in morning trade before rebounding to positive territory.

“We will probably see this volatility going forward. Early dip is a reflection of the downwards trend in the past few days,” Mathew said.

Investor interest was seen in banking and telecommunication related shares. Speculative retail trading caused the market to move higher on a low trading day, he said.

Top contributors to the ASPI were John Keells Holdings (up 20 cents at 22.10 rupees), Ceylinco Holdings (up 50.25 rupees at 3,100.00 rupees), Aitken Spence (up 3 rupees at 156.00 rupees), Dialog Axiata (up 30 cents at 28.80 rupees), and Sampath Bank (up 25 cents at 145.75 rupees).

Market turnover was 1.93 billion rupees. Brokers said early closure resulted in low turnover.

Meanwhile, the share volume was 63,171,890.

Brokers said some investors were waiting for the market to cross the 24,000 mark before securing gains.

Elsewhere in Asia, Hong Kong’s Hang Seng Index dipped 0.2 per cent to 25,884.42 at the noon break as “investors searched for fresh catalysts beyond expectations about a US interest-rate cut that reversed a tumble triggered by concerns about an artificial-intelligence bubble,” South China Morning Post said.

Japan’s Nikkei 225 index was trading 0.17 percent higher at 50,253.91 on open.

Pakistan’s KSE 100 index climbed 0.85 percent higher to 166,771.81.

India’s Nifty 50 index moved 0.016 percent higher to close at 26,219.70, while the BSE Sensex traded 0.078 percent stronger at 85,787.65. (Colombo/Nov28/2025)

Friday November 28, 2025 11:45 am

ECONOMYNEXT – Sri Lanka’s President and party leaders are having an emergency meeting at the Ministry of Defence on the prevailing disaster situation, the president’s media division said.

Cyclone Ditwah has killed 56 in Sri Lanka and people were warned off river valleys as flood waters continued to rise Friday in the coastal plains with authorities forecasting more rains.

Schools are closed and government offices are also shut, other than essential services.

The government has allocated 1.2 billion rupees for disaster relief services, a government statement said.

The president has informed Government Agents to request funds as needed.

Sri Lanka’s army, navy and air force are conducting rescue efforts throughout the island.

State officials are due to meet diplomatic corps later today to request for international help, Defence Secretary Sampath Thuyacontha said. (Colombo/Nov28/2025)