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Repurchase Agreement of Bank of Ceylon

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  • The customers can lend their short term funds to Bank of Ceylon on re-purchase agreement under Treasury Bills/Bonds.
  • Minimum Investment Amount – Rs. 5 Million.
  • Rate of Interest -Prevailing market rate.
  • Period of the investment -The customer can decide depending on his cash requirements.
  • Eg. Overnight (i.e from today to tomorrow)
  • 1week, 2weeks, 01month, 02 months etc.
  • The bank will assign a treasury bill or a Treasury bond in the name of the investor for the tenor of the transaction as a security. So customer will receive a security for his lending amount.

Organization Information

Bank of Ceylon

No.1, Bank of Ceylon Mawatha

Bank of Ceylon Square
Colombo 1
Sri Lanka

Mr. S.M.Paranagama
Telephones:+94-11-2446790-811/+94-11-2338741 –55
Fax Nos:+94-11-2321160

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Last Updated On: 2009-11-10 15:20:42
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