Financial flows robust

Tuesday, 25 June 2013 09:32 - - {{hitsCtrl.values.hits}}

The Central Bank said yesterday financial flows during the first four months of 2013 recorded an improvement with net inflows to the Colombo Stock Exchange (CSE) amounting to $30.7 million in April 2013, compared to a net inflow of $7.3 million recorded in April 2012. Meanwhile, inflows to commercial banks during the first four months of 2013 amounted to $664 million. There were also substantial inflows of foreign investments to Government securities, with net inflows to Treasury bills and Treasury bonds in April 2013 amounting to $76.9 million, compared to a net inflow of $72.9 million in April 2012. Net inflows to the Government securities market in the first four months of 2013 increased by 27.6% to $612 million, compared to the net inflow of $479 million in the first four months in 2012. At the same time, long-term loans obtained by the Government during the first four months of 2013 amounted to $546 million, thus maintaining the same level as in the corresponding period of 2012.

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