Show simple item record

dc.contributor.authorde Mel, Nishan
dc.date.accessioned2019-10-01T10:32:43Z
dc.date.available2019-10-01T10:32:43Z
dc.date.issued2015-07
dc.identifier.issn2386-1762
dc.identifier.urihttp://repo.veriteresearch.net/handle/123456789/662
dc.description3p.en_US
dc.description.abstractIn February 2015 the Central Bank of Sri Lanka called an auction for one billion rupees on a 30 year bond. It then accepted 10 fold – 10 billion rupees – after the bids were in. This Insight identifies three errors in the published calculation of the monetary loss, and recalculates it at 0.9 billion rupees. It also highlights two other issues: conflict of interest, and confidence in institutions, which add to the negative consequences of the Central Bank decision.en_US
dc.language.isoenen_US
dc.publisherColombo: Verité Researchen_US
dc.relation.ispartofseriesVR Insights;Vol. 3, No. 13
dc.subjectEcon insighten_US
dc.subjectCBSLen_US
dc.subjectEPFen_US
dc.subjecttreasury bonden_US
dc.subjectflawed assumptionsen_US
dc.subjectpublic sector accountabilityen_US
dc.subjectfinancial mismanagementen_US
dc.subjectBond scamen_US
dc.titleCentral Bank’s 30 year Bond Debacle: What is the “Loss”?en_US
dc.typeOtheren_US


Files in this item

Thumbnail

This item appears in the following Collection(s)

Show simple item record