Hirunews Logo
HiruNews
HiruNews
HiruNews
CB+To+Issue+US%24150+Mn+Development+Bonds
Monday, 14 March 2016 - 12:13
CB To Issue US$150 Mn Development Bonds
10

Shares
1,278

Views

Central Bank of Sri Lanka (CBSL) has announced its plans to sell US$ 150 million worth of development bonds to foreign and local investors.

According to Public Debt Department of CBSL, these bonds will carry maturity periods of 3 months, 6 months, 1 year, and 2 years. Rates option will offer US dollar 6 months LIBOR + floating rate or a fixed rate, which will decide through competitive bidding.

Minimum investment is US$100,000 with additional investments in multiples of US$ 10,000. The bonds are exempted from income tax paid in Sri Lanka. The issuance will be open for subscription from 16th to 23rd March and has a Date of Settlement of 28th March 2016.

Make a Comment
Make a Comment

DOWNLOAD HIRUNEWS APP ON ANDROID & APPLE
HiruNews
Thursday, 16 August 2018 - 16:24
Mangroves play a critical role in maintaining the ecological balance in Sri Lanka's coastal areas.However, some money-hungry people do not understand this.Our... Read More
HiruNews
News Image
Hiru News Programme Segments
HiruNews
HiruNews
HiruNews
HiruNews
HiruNews
HiruNews
HiruNews
HiruNews
HiruNews
2,817 Views
HiruNews
HiruNews
HiruNews
6,765 Views
HiruNews
HiruNews
HiruNews
8,079 Views
HiruNews
HiruNews
HiruNews
20,833 Views
HiruNews
HiruNews
HiruNews
692 Views
HiruNews
HiruNews
HiruNews
52,304 Views
Top