CENTRAL BANK OF SRI LANKA
Information Department
30, Janadhipathi Mawatha, Colombo 1.
Tel : 2477424, 2477639,2477420      Fax : 2346257, 2477739   E-mail:dinformation@cbsl.lk; information@cbsl.lk

Date:   16.12.2005

Issued By:  Public Debt Department

Issue of Index Linked Bonds 

Rs 22,000 million Index Linked Bonds under the series of SLIB1.00%2008A issued on December 14, 2005

Central Bank of Sri Lanka, on behalf of the government issued its first series of  ‘Index Linked Bonds’ on 14^th December 2005, under a private placement. Following are the characteristics of these Index Linked Bonds.

 ISIN                                        - LKE00308L149

Series                                       - SLIB1.00%2008A

Amount offered                        - Rs.22,000 million

Maturity period                         - 3 years

Date of maturity                        - December 14,2008

Coupon payments                     - semi annual

Dates of coupon payments        - June 14^th / December 14^th

Coupon rate                             -11.2% (net of tax) for coupon payments in the first year

Coupon rate in the 2^nd & 3^rd years-based on average annual inflation rate measured   by the change in the annual moving average of CCPI during the immediate previous six months plus a margin of 1 percent. 

Principal repayment                  - by one installment at the end of the maturity period.

 These bonds which are tradable were issued in Scripless form.

 Dr W.M.Hemachandra

Actg. Superintendent of Public Debt

Public Debt Department

Central Bank of Sri Lanka

30, Janadhipathi Mawatha

Colombo 1.

Tel: 2477274  Fax: 2477718-9  http:/www.centralbanklanka.org