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Investments in Government Securities By Bank of Ceylon
The Primary Dealer unit of Bank of Ceylon handles the investments in Government Securities.
The General Public can Invest in government securities through Bank of Ceylon 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.
Treasury Bond is a medium and long term debt instrument issued by the Government of Sri Lanka
Main Features.
100% Risk free Investment-Repayment is guaranteed by the Government.
Investment duration-02 Years to 15 Years
Minimum Investment-Rs. 500000/-
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 please call dealing room on 2386862/2541938
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