Get Sampath Bankplc (pq144) Debenture Issue 2016 Application Form

Shareholders NameEquities%385.40 %4,519,630,423385.40 %VALLIBEL ONE PLC 14.59 %171,117,08414.59 %Ayenka Holdings Pvt Ltd. 9.732 %114,123,9169.732 %Employees' Provident Fund (Sri Lanka) 9.732 %114,123,7809.732 %6 more rows

Sampath Bank is a dividend paying company with a current yield of 5.26% that is well covered by earnings.

Corporations and governments can issue debentures. Governments typically issue long-term bonds—those with maturities of longer than 10 years. Considered low-risk investments, these government bonds have the backing of the government issuer. Corporations also use debentures as long-term loans.

Treasury bills/ bonds can be purchased at any time from the secondary market through primary dealers (PDs) or licensed banks. Primary dealers are appointed by the CBSL to subscribe to issuances of Government securities through the primary market (initial issuance).

Citizens of foreign states whether resident in Sri Lanka or outside Sri Lanka. Non resident Sri Lankans are eligible to apply for Treasury Bills.

The other way of investing in debentures is to buy the listed debentures through the secondary market. Debentures are traded in the market just like equities and you can buy and sell the debentures through the market.

Debentures are unsecured, medium or long term, interest-bearing bonds issued by private sector companies, banks and other financial institutions that are backed only by the general credit of the issuer.

Total interest income increased by 67.7% YoY during the nine months ended 30th September 2022, reaching Rs 106 Bn from the Rs 63 Bn reported in the corresponding period of the previous year.