DFCC’s historic Rs. 3 b Blue Bonds up for grabs

Monday, 10 November 2025 04:27 - - {{hitsCtrl.values.hits}}

DFCC Bank’s Rs. 3 billion first-ever Blue Bonds issue is up for subscription now with the official opening on 13 November.

The Colombo Stock Exchange has approved in principle DFCC’s application to issue 30 million, listed, rated, senior, unsecured, redeemable Blue Bonds at Rs. 100 each.

The Blue Bonds are of five types with tenor ranging from 3 to 5 years and includes zero coupon Bonds.

Type A is three years of tenor at issue price of Rs. 100 with a fixed interest coupon rate of 9.75% per annum and payable annually.

Type B is of three year tenor and issued at Rs. 75.65 each with a fixed interest coupon of 9.75% annual compounding on the issue price payable on the date of redemption.

Type C is of 4 year tenor at Rs.100 with fixed coupon rate of 10.25% payable annually.

Type D is of four year tenor at Rs. 67.68 fixed coupon rate of 10.25% annual compounding on the issue price payable on the date of redemption.

Type E is 5 years of tenor at Rs. 100 with fixed coupon rate of 10.50 payable annually and Type F is five year tenor at Rs. 60.70 with 10.50% annual compounding on the issued price payable on the date of redemption.

Managers and placement agents to the issue is NDB Investment Bank Ltd.