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Question and Answer Type Full Information View


Investment in Government Securities

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The Primary Dealer unit handles the investments in Government Securities.
The General Public can Invest in Government Securities through People's Bank branch Network.

Treasury Bills

Main Features

  • 100% Risk free Investment
  • Repayment is guaranteed by the Government.
  • Minimum Investment Rs. 10,000/-
  • Investment duration -03 months 06 months or 12 months
  • Investment can be made individually, jointly or by Institutions.
  • Highly Liquid–Encashable at any time.
  • Ownership of a Treasury bill is transferable.
  • Renewal instructions can be given to Bank of Ceylon before maturity.
  • ?Loans/Overdrafts against Treasury Bill can be obtained.
  • Free of all taxes.

Treasury Bonds.

Main Features

  • 100% Risk free Investment-Repayment is guaranteed by the Government.
  • Investment duration-02 Years to 15 Years
  • Minimum Investment-Rs. 500,000/-
  • Yield rates are determined by the market
  • Income at Regular intervals.-It carries half yearly coupon payments and the principal is repaid on maturity. Coupon interest is paid in every 06 months.
  • Investment can be made individually, jointly or by Institutions.
  • Highly Liquid –Tradable instrument in the secondary market
  • Ownership of a Treasury bond is transferable.
  • Credit facilities can be obtained from banks against Treasury Bonds.Interest rates of bonds fludtuate according to the market conditions for present marked rates??

Organization Information

People's Bank

People's Bank - Head Office
No. 75,
Sir Chittampalam A. Gardiner Mawatha,
Colombo 02.


Mr. A.U.L.A. Anzar
Telephones:+94 112 481 481, +94 112 481482
Fax Nos:+94 112 380 516
Email:info@peoplesbank.lk
Website: www.peoplesbank.lk

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Last Updated On: 2017-04-05 12:27:33