The New World Securities [Pvt] Limited, a Japanese Securities firm authorized to trade in shares and financial instrument in Sri Lanka is lead manager to the deal and Pan Asia Banking Coporation Plc, will be facilitator, the foreign ministry said.
"The Embassy of Sri Lanka in Tokyo has played an active role in securing the proposed investment," the foreign ministry said.
"It has conducted several high-net worth investor awareness programmes with the help of the New World Securities [Pvt.] Limited.
"Proposed investment is expected to popularise T-bills and T-bonds among Japanese investors."Sri Lanka's Treasury bills now yield between 11 percent (3-months) and 12.78 percent (one year). Two year Treasury bonds yield 13.00 percent and 15 year bonds yield 14.5 percent.