The Government Information Center

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??