Further to the SLDB Exchange Memorandum dated 04 July 2023 (the "Exchange Memorandum") published by the Ministry of Finance, Economic Stabilization and National Policies and subsequent announcement of results for the SLDB Invitation to Exchange (as defined in the Exchange Memorandum), outstanding eligible SLDBs (the Eligible Bonds) were converted into five (5) new variable coupon (SLFR* + 1.00%) New Treasury bonds denominated in LKR and settled on 15.08.2023 as follows:
ISIN** |
LKJ00225G157 |
LKJ00427G159 |
LKJ00629G150 |
LKJ00831G152 |
LKJ01033G154 |
Series |
1.00% 2025‘A’ | 1.00% 2027‘A’ | 1.00% 2029‘A’ | 1.00% 2031‘A’ | 1.00% 2033‘A’ |
Date of issue |
15-July-2023 | 15-July-2023 | 15-July-2023 | 15-July-2023 | 15-July-2023 |
Date of maturity |
15-July-2025 | 15-July-2027 | 15-July-2029 | 15-July-2031 | 15-July-2033 |
Amount allocated (Rs. mn) |
50, 444.3 | 50, 444.3 | 50, 444.3 | 50, 444.3 | 50, 444.3 |
*"SLFR" in relation to the calculation of the coupon rate on any New LKR Treasury bond means, the 6-month historical average calculated based on the Standing Lending Facility Rate published by the Central Bank of Sri Lanka, on the date which is 30 days before the relevant interest payment date for such New LKR Treasury bond (or, if such calculation date is not a business day, the immediately following business day).
** International Securities Identification Number