Are you considering investing in Sri Lankan Treasury bills but not sure where to start? Here is a guide to help you understand the basics of investing in Treasury bills and how to earn a return on your investment.
What are Sri Lankan Treasury bills?
Treasury bills, also known as T-bills, are short-term debt securities issued by the government to raise funds. They have a maturity period of 3 months, 6 months, or 12 months and offer a fixed rate of return.
How do I invest in Sri Lankan Treasury bills?
To invest in Treasury bills, you will need to open an account with a licensed primary dealer, such as CAL. You will need to provide the necessary documentation, such as a national ID or passport, and make a purchase through the dealer.
There are different types of Treasury bills available in Sri Lanka, such as 3-month, 6-month, and 12-month bills. Research and compare the different options to determine which one is the most suitable for your investment goals.
How do I earn a return from investing in Sri Lankan Treasury bills?
To earn a return from investing in Treasury bills, you will need to hold the bills until they reach maturity. The maturity date is the date on which the Treasury bills are due and you will receive your principal and interest.
In summary, investing in Sri Lankan Treasury bills is a low-risk investment option that offers a fixed rate of return. To earn a return, you will need to purchase the bills through a licensed dealer and hold them until they reach maturity. Research and compare different options to determine the most suitable investment for your goals.
Watch the video on Investing in Treasury Bills