For a minimum investment of 1 million rupees investors could buy a 'First Capital Treasuries Platinum Bond'. A 3-year instrument had an annual effective rate of 7.87 percent, a 4-year instrument paid 8.78 percent and a 5-year instrument paid 9.16 percent.
An investor who paid a million rupees would receive 1.255 million rupees after 3-years (an annual effective rate of 7.87 percent), 1.4 million rupees after 4 years (8.78 percent) and 1.55 million rupees after 5-years (9.16 percent).
"We expect this new debt security to attract retail and high net worth investors as well as corporate entities that have mandatory requirements to maintain long-term investments," Dilshan Wirasekara, Deputy CEO of First Capital Holdings said in a statement.
http://www.lankabusinessonline.com/news/sri-lankas-first-capital-offers-medium-term-fixed-rate-treasury-repos/1890728080