• Government-backed security – Guaranteed repayment with no default risk.

• Fixed income – Pays semi-annual interest at a pre-determined coupon rate.

• Tax efficient investment - Investment is not subject to withholding tax under current tax regulations.

• Longer investment horizon – Ideal for portfolio diversification and stable returns.

• Collateral for loans – Treasury Bonds can be pledged as security for borrowing.

Note: These rates are effective from and subject to change without notice – Refer our Rates & Tariffs for up-to-date information.

1. Primary Auction

Investors can bid for Treasury Bonds directly at CBSL’s primary auction through DFCC Bank.

• Minimum Investment: Rs. 5 million

• Increments: Multiples of Rs. 1 million

• Submission Deadline: Signed request letter to be submitted by 4 PM the day before the auction

• Bank Charges:

  • Successful bid: Rs. 5,000

  • Unsuccessful bid: Rs. 1,000

Required Documents for Primary Auction:

• CDS Account Opening Form (For new clients; one-time document)

• BR Form (Applicable for new corporate clients; one-time document)

• Customer Bid Letter (For every transaction)

2. Secondary Market Placements

Investors can buy and sell Treasury Bonds in the secondary market for added flexibility.

Required Documents for Secondary Market Placements:

• CDS Account Opening Form (For new clients; one-time document)

• BR Form (Applicable for new corporate clients; one-time document)

• Application to Invest in Government Securities (For every transaction)

Treasury Bonds are open to:

• Individuals over 18 years of age

• Registered businesses/legal entities in Sri Lanka

• Foreign investors via an Inward Investment Account (IIA)

1. Ensure you meet the minimum investment criteria.

2. To apply, visit your nearest DFCC branch, contact us 24/7 on 011-2350000, or contact our Treasury Team (details below).

3. You may also begin the application process online right now

4. Existing customers – simply speak with your relationship manager

For personalised investment advice and the latest market rates, contact DFCC Bank’s Treasury Department:

Call: 0762637487 / 0762621301

Or reach out to our expert dealers:

1. What are Treasury Bonds, and how do they differ from Treasury Bills?

Treasury Bonds are medium to long-term instruments issued by the Central Bank of Sri Lanka on behalf of the Government. Unlike Treasury Bills, which are short-term investments, Treasury Bonds have longer maturities and provide fixed semi-annual interest payments.

2. How often do Treasury Bonds pay interest?

Treasury Bonds pay interest twice a year (semi-annually) at the coupon rate set at issuance.

3. What are the benefits of investing in Treasury Bonds?

• Guaranteed repayment – Fully backed by the Government.

• Fixed income – Semi-annual interest payments.

• Tax advantages – No withholding tax on earnings.

• Collateral for loans – Treasury Bonds can be pledged for borrowing.

• Treasury Bills

• REPOs

• Reverse REPOs