Hirunews Logo
CB+To+Issue+US%24150+Mn+Development+Bonds
Monday, 14 March 2016 - 12:13
CB To Issue US$150 Mn Development Bonds
8

Shares
996

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
Heavy snow across the globe
Friday, 13 January 2017 - 9:29
Many countries are experiencing heavy snow, foreign media states. The temperature in England, Scotland, North Ireland and Wales has hit minus 10 degrees... Read More
News Image
Hiru News Programme Segments
214 Views
654 Views
2,225 Views
1,497 Views
9,517 Views
44,282 Views
Top