Treasury Bills

• Treasury Bills are a secure investment. The investor assumes the credit risk of the Government. This is known as Sovereign Risk and is presumed to be the safest in the country
• Bills are issued in tenures 91,182 and 364 days respectively
• Bills are tendered for every Wednesday and are issued on Friday, hence the maturity of a Bill will always be on a Friday. Central Bank accepts/rejects bids at the auction and the results are published
• Treasury bills that have been issued at earlier auctions are also available for purchase in the Secondary market
• Primary dealers provide liquidity in the secondary market by quoting a two-way price
• A 364-day basis is used to calculate prices

Treasury Bill is a Negotiable Instrument issued by the Government of Sri Lanka to finance short-term government expenditure and/or maintain monetary policy

For further information, please call our Customer Service Centre on 4 4722 24 or stop by at your nearest HSBC branch.You could also contact us via e-mail.