Home / Front Page/ CB to raise $ 100 m more via development bonds

CB to raise $ 100 m more via development bonds

Comments / {{hitsCtrl.values.hits}} Views / Wednesday, 5 August 2015 00:40


The Central Bank has announced that it plans to sell $ 100 million worth of development bonds to foreign and local investors.

The Public Debt Department of the Central Bank will issue $ 100 million in Sri Lanka development bonds of one year and seven months and two years and five months tenors to eligible investors for subscription at a rate of either $ 6 month LIBOR plus a margin determined through competitive bidding (floating rate) or at a fixed rate to be determined through competitive bidding.

Minimum investment is $ 100,000 with additional investments in multiples of $ 10,000. The bonds are exempted from income tax paid in Sri Lanka.

The issue will be open for subscription from 6 to 13 August and has a date of settlement of 18 August.

Late last month the Government raised $ 165 million via the July SLDB $ 100 m issuance, which drew bids worth $ 172.5 million.

Share This Article

Facebook Twitter


1. All comments will be moderated by the Daily FT Web Editor.

2. Comments that are abusive, obscene, incendiary, defamatory or irrelevant will not be published.

3. We may remove hyperlinks within comments.

4. Kindly use a genuine email ID and provide your name.

5. Spamming the comments section under different user names may result in being blacklisted.


Today's Columnists

Smaller electoral units needed to serve the people better

Tuesday, 21 May 2019

This article is the third in a series of articles on delimitation. Following on the second article, ‘Implementing key principles in the delimitation of electoral boundaries in Sri Lanka’ (Sunday Island and Sunday Times of 9 December 2018 and

Developing a Politi-Compass – A challenge to political scientists and media moguls

Tuesday, 21 May 2019

Democracy Democracy is a double-edged sword. If one wields it too aggressively, it will inflict self-injuries. Democratic freedom is not akin to the freedom enjoyed by a wild donkey. One can exercise own human rights to the extent that the behaviour

EFL charting course towards sustainable logistics industry with voluntary ISO 14064 Certification

Tuesday, 21 May 2019

Recommitting itself to effective climate action in accordance with United Nations Sustainable Development Goals (UNSDG), leading global logistics service provider Expolanka Freight Ltd. (EFL) announced that it secured ISO 14064 Certification on Green

Logistics is not… transportation

Tuesday, 21 May 2019

Google it. Go for a lecture or attend a seminar, mostly one will notice the first picture that appears or explains logistics would be a ship, an airplane, truck or railway connecting two places via transport networks. Ask a managing director what log

Columnists More