Sri Lanka Sampath Bank to limit 16.5-pct debentures

Oct 15, 2012 (LBO) - Sri Lanka's Sampath Bank which offered 1.
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5 billion rupees of debentures in three types coupons has said that applications for 16.5-pct fixed rate securities will only be partially filled.
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Those who had applied for over 100,000 will get 100,000 debentures and the balance will be prorated.

Samapath offered one point five rupees in 5-year bonds.

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Investors who applied for fixed rate bonds paying 15 percent a year with monthly payments will be given all they asked for. A third type which pays 2.0 percent above the 6-month Treasury bill yield will also be fully accommodated.
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Applications for the 16.5 percent fixed rate bond that pays interest annually will be fully accommodated up to 100,000 debentures, Sampath Bank said in a stock exchange filing.

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