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Reverse Repurchase Agreement by Bank of Ceylon

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The customer can borrow short term funds from the bank under reverse re- purchase agreement against Treasury Bills and Treasury Bonds

  • Minimum Lending Amount– Rs. 5 Million.
  • Rate of Interest-Prevailing market rate.
  • Period-The customer can decide depending on his cash requirements..
    Eg. Overnight(I.e from today to tomorrow),1 week,2weeks,1month,2 months etc.
  • The customer will assign a treasury bill or a Treasury bond in the name of the bank for the tenor of the transaction as a security.

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 16:28:07
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