Highlights

Interest and maturity proceeds of your Treasury Bill is guaranteed by the Government.
Your investment is secure as there is zero default risk.
Sure security of returns tradability leading to instant liquidity.

Features

Treasury Bills are 100% risk free since they are issued by the government.

Market determined yield rates enabling you to receive the highest possible interest rates.

Treasury Bills are tradable in the secondary market providing you with instant liquidity by sale.

Treasury Bill is a transferable instrument, where your ownership can be transferred at any time by you. This makes it the safest and most liquid investment opportunity available in the country. Since you can discount the Treasury Bill at any time, it is almost like having cash in your hand.

You can make joint investments making Treasury Bills the ideal way to share wealth with loved ones.

All transactions will be by means of state-of-the-art scrip less security settlement systems and the fully automated Central Depository System (CDS).

Treasury Bills are issued at a discount and the face value is paid at maturity with interest paid up front.

You can buy Treasury Bills which are issued at three, six and twelve month maturity periods, either directly from Commercial Bank or from primary dealers.

Eligibility

Resident individuals and corporate bodies incorporated in Sri Lanka.
Foreign institutional investors including country funds, regional funds or mutual funds.
Corporate bodies incorporated outside Sri Lanka.
Citizens of foreign states whether resident in Sri Lanka or outside Sri Lanka.
Non resident Sri Lankans are eligible to apply for Treasury Bills.

If you fall in to the category of investors from 3 to 5 as mentioned above, you should invest through Inward Investment Account and securities will be allocated for same after inquiring the availability in the leeway from the Central Bank.

You can make joint investments making Treasury Bills the ideal way to share wealth with loved ones.

Interest rates

From 01st Jun to 07th Jun 2023

Period	Below LKR 100,000	LKR 100,000 upto LKR 1.0 Million	LKR 1.0 Million & Above
1 Month	0	12.75	13.00
3 Months	14.50	14.50	15.00
6 Months	15.00	15.00	15.50
12 Months	15.50	15.50	16.00
* T-Bill/Repo rates are net rates. * Specific cut off time will apply in accepting investments for Treasury Bills / REPO and the cut off time may change from time to time. Please contact your branch for details.

Documents required

Account mandate.
Know Your Customer (KYC) form.
National Identity Card/ Valid Driving License/ Valid Passport that carries the NIC number.
Address verification documents (If the address given to the bank is different from the National Identity Card / Driving License.) More info >>

How to invest

Duly complete all documents mentioned above and hand them over to your branch.

You can collect the application form from your nearest Commercial Bank branch or download it from our web site.

Withdrawals

Once a formal request is forwarded to the Treasury Department, your Treasury Bills will be discounted based on the market rates.

Terms & conditions apply

Product information and terms & conditions are subject to change from time to time. Therefore, it is advisable to contact the branch nearest to you for the latest information and prevailing terms & conditions.