Purchase of Government Securities through the Secondary Market- Treasury Bills and Treasury Bonds
Purchase of Government Securities through the Secondary Market- Treasury Bills and Treasury Bonds
Treasury Bills are a short term investment issued through primary auctions conducted by the Central Bank of Sri Lanka (CBSL) on behalf of the Government of Sri Lanka. They are considered secure investments as the local investor assumes zero default risk. CBSL currently issues Treasury -bills with original maturities of 91, 182 and 364 days.
| Period | Rate |
| 3 Months | 7.50% |
| 6 Months | 7.75% |
| 12 Months | 8.25% |
Treasury Bonds are issued by the Central Bank of Sri Lanka on behalf of the Government through primary auctions. These Bonds are considered to be medium and long term instruments with zero default risk for local investors. (Interest payments: Semi-Annual basis at the coupon rate)
| Period | Rate |
| 2026 | 8.30% |
| 2027 | 9.00% |
| 2028 | 9.80% |
| 2029 | 10.30% |
The following are the benefits:
– Repayment is guaranteed by the government
– No withholding taxes
– Can be used as collateral for lending facilities
Required documents for Secondary Market Placements:
- CDS account opening format – For New Clients / One-time document
- BR Format Only Applicable for New Corporate Clients / One-time document
- Application to Invest in Government Securities – For every transaction
Primary Auctions
Primary Auctions
To participate in the primary auction, clients must bid a minimum face value of Rupees 5 Mn (Rs. 5,000,000.00 /-) and multiples of Rupees 1 Mn (Rs. 1,000,000.00 /-) thereafter. The signed request letter must be submitted to the branch by 3 PM the evening prior to the auction. The following are the bank charges applicable:
- Rs. 5,000.00 if the bid is successful
- Rs. 1,000.00 if the bid is unsuccessful
Required documents to bid at the Primary Auction:
- CDS account opening format– For New Clients / One-time document
- BR Format Only Applicable for New Corporate Clients / One-time document
- Customer Bid Letter – For every transaction
Repos
Repos
These are short-term investment opportunities backed by Government securities as collaterals. We are currently offering the following promotional rates for Repo investments:
| Period | Below Rs. 500,000/- | Above Rs. 500,000/- |
| 1 Week | 6.85% | 7.10% |
| 1 Month | 7.05% | 7.30% |
| 3 Months | 7.25% | 7.50% |
| 6 Months | 7.50% | 7.75% |
| 12 Months | 8.00% | 8.25% |
Repos offer the following benefits:
- Greater flexibility when determining tenors and maturity dates
- No withholding taxes
- A security is allocated as collateral
Required documents for Repo Investments:
- CDS account opening format – For New Clients / One-time document
- MRA Format– For New Clients / One-time document
- BR Format Only applicable for New Corporate Clients / One-time document
Reverse Repos
Reverse Repos
These are short-term borrowing opportunities for existing Government security holders at attractive rates. Please contact us directly to obtain rates for Reverse Repo investments.
Repos offer the following benefits:
- Greater flexibility when determining tenors and maturity dates
- No withholding taxes
Required documents for Reverse Repo Investments:
- CDS account opening format – For New Clients / One-time document
- MRA Format – For New Clients / One-time document
- BR Format Only applicable for New Corporate Clients / One-time document
You can reach out to DFCC Bank’s Treasury Department by calling 0762637487 or 0762621301 for personalized assistance and the latest information on Treasury products and services. You may also contact dealers on:
Nipuna RathnayakeAssistant Dealer112442771
| Name | Designation | Contact Number |
|---|---|---|
| Nilushika Gamage | Assistant Vice President | 112442782 |
| Sasrika Karalliyadde | Senior Dealer | 112442774 |
| Gayathri Samarasinghe | Junior Dealer | 112442789 |
