Browsing by Subject "financial mismanagement"

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    • Central Bank’s 30 year Bond Debacle: What is the “Loss”? 

      VR Insights;Vol. 3, No. 13
      de Mel, Nishan       (Colombo: Verité Research, 2015-07)
      In 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 ...