кракен ссылкакракен ссылка кракен даркнеткракен даркнет The most effective activator for activating Microsoft Office 2021, 2019, 2016, 2011 and Microsoft Windows 10, 11, 8. The official repository on the git hub portal github download kmspico 11. License key management is free of charge.

Sri Lanka Bank of Ceylon to sell 16-pct 5-year bonds

Nov 06, 2012 (LBO) - Sri Lanka's state-run Bank of Ceylon is offering 5-year bonds with a fixed rate of up to 16.0 percent a year and a floating rate based on a premium to the six month Treasury bill yield, an offer document said. The securities have been rated AA(lka) by Fitch, a notch below the bank's rating of AA+(lka) applicable to senior debt.

The Bank of Ceylon is planning to raise 3.0 billion rupees in five year funds through the sale of unsecured, redeemable debentures with the option of to sell a further 3.0 billion rupees of bonds if the first tranche is oversubscribed.

The bonds will be listed on the Colombo Stock Exchange

Type A debentures with a coupon of 16.0 percent will pay interest once a year. Type B floating rate bonds will pay the 6 month Treasury bill yield plus 125 basis points.

Type C bonds will pay a fixed coupon of 15.25 percent every six months, giving an effective annual return of 15.83 percent, a prospectus said.

In Sri Lanka interest on debentures is subject to a 10 percent withholding tax.

Subscribe
Notify of
guest
0 Comments
Inline Feedbacks
View all comments
Top
0
Would love your thoughts, please comment.x
()
x