DFCC’s Rs. 3 b Blue Bond issue oversubscribed on opening day

Friday, 14 November 2025 00:24 - - {{hitsCtrl.values.hits}}

Sri Lanka’s first Blue Bond issuance, launched by DFCC Bank, was oversubscribed on its opening day yesterday, prompting the bank to close subscriptions early.

DFCC Bank said it received applications exceeding the 30 million Blue Bonds on offer, amounting to Rs. 3 billion, within hours of the issue opening.

The listed, rated, senior, unsecured Bonds were offered in three tenors: three-year (2025/2028), four-year (2025/2029), and five-year (2025/2030), at a par value of Rs. 100 each.

Given the oversubscription, the bank announced that the issue would close at 4:30 p.m. yesterday, in line with the prospectus. Applications submitted before the cut-off time will be accepted.

The basis of allotment will be notified in due course.