CBSL raises $ 111.5 m via SLDB direct placements

The Central Bank said yesterday it has raised $ 111.5 million through direct issuance of Sri Lanka Development Bonds (SLDBs).

It said the outcome is following the introduction of various measures to encourage investments in SLDBs. 

“Validating the effectiveness of the measures introduced, funds amounting to $ 111.5 million have been raised through  direct issuance of SLDBs from 1 January to 15 February,” CBSL said in a statement. 

It said the investments in SLDBs during the above period were spread across maturities ranging  from three months to five years, attracting large volume as well as small ticket eligible investors. 

“In collaboration with certain Sri Lankan Missions, the CBSL has also made contact with eligible investors in those jurisdictions to further popularise investments in SLDBs,” the statement added.