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Treasury Services of Peoples Bank

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Foreign Exchange

Spot, Forward and Swaps

Repurchase and Reverse Repurchase Agreements

Repurchase Agreements

The customers can lend their short term funds to Bank of Ceylon on re-purchase agreement under Treasury Bills/Bonds.

  • Minimum Investment Amount – Rs. 5 Million.
  • Rate of Interest -Prevailing market rate.
  • Period of the investment -The customer can decide depending on his cash requirements.
    Eg. Overnight (i.e from today to tomorrow) 1week, 2weeks, 01month, 02 months etc.
  • The bank will assign a treasury bill or a Treasury bond in the name of the investor for the tenor of the transaction as a security. So customer will receive a security for his lending amount.

Reverse Repurchase Agreements

The customer can borrow short term funds from the bank under reverse re- purchase agreement against Treasury Bills and Treasury Bonds

  • Minimum Lending Amount– Rs. 5 Million.
  • Rate of Interest-Prevailing market rate.
  • Period-The customer can decide depending on his cash requirements.? Eg. Overnight(I.e from today to tomorrow),1 week,2weeks,1month,2 months etc.
  • The customer will assign a treasury bill or a Treasury bond in the name of the bank for the tenor of the transaction as a security.

Money Market Borrowings and Lendings? (LKR & Foreign Currency)

Commercial Papers

 

Contact No's

FOREIGN EXCHANGE
Tel : 2308754, 2308755
Fax : 2304492
Email : treasury@peoplesbank.lk

MONEY MARKET
Contact person : Sisira Kumara
Tel : 2308764, 2308767
Fax : 2304492
Email : sisirak@peoplesbank.lk

https://www.peoplesbank.lk/products/government_securities


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, Overseas - +94 112 031 001
Fax Nos:+94 112 380 516
Email:info@peoplesbank.lk
Website: www.peoplesbank.lk

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Last Updated On: 2017-04-05 13:50:29
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