Central Bank of Sri Lanka (CBSL) will issue Rs.20, 000 million Treasury bills through an auction on Wednesday 29and the settlement date is May 31enabling the government to raise money for a shorter period.
Bids are invited from the Primary Dealers in Government Securities. Bids should be made only through the electronic bidding facility provided by the CBSL.
Maturity Period will be 91 Days ,182 Days and 364 Days and amount Offered was Rs. 2,000, 4,000 14,000 and 20,000 million. : Rupees five million (Rs.5,000,000/-) and multiples of Rupees one million (Rs.1,000,000/-) there onwards.
The CBSL may accept a higher or lower amount than the offered amounts for each maturity by reallocating amounts between the maturities, depending on the market conditions, but without exceeding the total amount on offer at this auction.
The general public is invited to purchase Treasury bills from the Primary Dealers or any other Licensed Commercial Banks including Acuity Securities Ltd. , NSB Fund Management Co. Ltd , Bank of Ceylon , People’s Bank , Capital Alliance Ltd , Sampath Bank PLC , Commercial Bank of Ceylon PLC , Seylan Bank PLC, First Capital Treasuries PLC , Union Bank of Colombo PLC , NatWealth Securities Ltd and Wealth Trust Securities Ltd
(LI)