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 ::
Uva Chief Minister resigns from the post of Provincial Minister of Education
-- [32 minutes ago]
Sri Lanka to establish two more medical faculties to expand higher education
Special high court will be set up in next two months to expedite hearing of fraud cases - PM
Sri Lanka President to take over economic management
Teachers' union demands arrest of Uva Chief Minister for threatening a Tamil female teacher
Sri Lanka to sign a FTA with Singapore during Prime Minister's visit
Court grants permission to examine the bank accounts of former Ministry secretary and his family
Postal voting for Local Government elections to begin on Monday
Sri Lanka made little progress on transitional justice initiatives in 2017 - HRW
CA Sri Lanka charters Rotaract Club for Chartered Accountants and CA students

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.