In view of the benign macro-economic environment, relatively high interest rates, safe and conductive market environment, Bansai Securities, one of the leading investment house in Tokyo, is planning to invest JPY 10 billion [Approximately US$ 125 million] in Sri Lanka Government Treasury Bills [T-bills] and Treasury Bonds [T-bonds] over the next 12 month period. The first tranche of the proposed investment of JPY 1.5 billion [Approximately US$ 20 million] is expected to be made before 15.07.2012.
The New World Securities [Pvt] Limited, the first Japanese Securities firm authorized to trade in shares and financial instrument in Sri Lanka, acts as the lead manager while Pan Asia Banking Corporation PLC will be the facilitator to the proposed investment.