Lankapage Logo CP 18 YEARS
Go Home Home Serving the Sri Lankan community globally since 2000
go to LankaPage.com

Leading News from Sri Lanka::

* Sri Lanka to issue US$ 500 million development bonds
Fri, Jan 5, 2018, 10:47 pm SL Time, ColomboPage News Desk, Sri Lanka.

Jan 05, Colombo: The Central Bank of Sri Lanka has announced that it plans to sell US$ 500 million worth of development bonds to foreign and local investors.

The Public Debt Department of Central Bank will issue US$ 500 million in Sri Lanka Development Bonds of 2 year, 3 year, 4 year and 5 year tenor to eligible investors for subscription at a rate of either US Dollar 6 month LIBOR plus a margin (floating rate) or at a fixed rate to be determined through competitive bidding.

Minimum investment is US$ 10,000 with additional investments in multiples of US$ 10,000. The bonds are subjected to the applicable tax laws in Sri Lanka.

The issue will be open for subscription from 11.00 am on 11 January 2018 to 10.00 am on 18 January 2018.

The bonds can be purchased from selected Licensed Commercial Banks & Primary Dealers and will have a settlement date of 22 January 2017.

 

ColomboPage - Recent 10 Stories ::
Depreciation of rupee is not due to weakness of government - Minister
-- [58 minutes ago]
Sri Lanka Navy arrests two people at sea with 28 kg of Kerala Cannabis
-- [1 hour and 30 minutes ago]
EU, UNOPS, and MEPA clean up public beach for coastal clean-up week 2018
-- [2 hours ago]
Development of Palaly Airport will not be given to any foreign country - Transport Minister
-- [5 hours ago]
Court orders CID to conclude investigations in Keith Noyahr case and direct to AG
-- [6 hours ago]
Sri Lankan President urges the international community to look at Sri Lanka with a fresh perspective
-- [7 hours ago]
Sri Lanka Finance Minister says rupee is stabilizing
Sri Lanka to host Commonwealth Local Government Forum next year
Sri Lanka Human Rights Commission holds youth camp to mark 70th Anniversary of UDHR
National Mosquito Control Week from tomorrow

Copyright © 2000, 2016 by LankaPage.com (LLC) :
The news and other contents on ColomboPage are copyrighted property of LankaPage.com, LLC. Any unauthorized use of any information on ColomboPage may constitute a violation of copyright laws. You need written permission to reproduce, republish, post, transmit, broadcast or distribute, material from this site from LankaPage.com, LLC. However, news organizations or broadcasters in Sri Lanka may republish the news items in ColomboPage with proper acknowledgment to ColomboPage.