NatWealth Securities Limited (NWSL) is a fully owned Subsidiary of NatWealth and was incorporated 23rd of June 2003 with an Issued Share Capital of Rs.200.0 million which has been enhanced to Rs: 300M w.e.f. 01st July 2006.
NWSL has been granted a license by the Central Bank of Sri Lanka in November 2003 to operate as a Primary Dealer in Government Securities.
1. What are the available securities for your investment?
a) If your investment is short term; Treasury Bills (T-bills)
* Periodical investment is for 91 days, 182 days and 364 days
* Issued at a discounted rate
* Total proceeds including interest are paid at maturity b) If your investment is long term; Treasury Bonds (T-bonds)
* Periodical investment range from 2 to 20 years
* Interest is paid half yearly
* According to market conditions, T-bonds are issued at a discount rate, at par or at a premium
* Face value is paid at maturity
2. Repurchase (Repo ) / Reverse Repo facilities
a) Repurchase
* You can invest your money for any short-term period in Repos according to your investment requirement and earn interest
b) Reverse Repo
* By using your T-bills and T-bonds as collateral, you can get a loan for a short period at a low interest rateMore details on these facilities are available with NatWealth securities.
3. What are the benifits you get by investing in Government Securities
* Risk free instrument * Attractive return * Tradable and transferable instrument. * Easy conversion to money, even before maturity * Accepted as collateral in the banking system * For individuals, interest received on government securities is free from income tax * No stamp duty * Your ownership is secured through registering the investment in the Central Depository System (CDS) managed by the Central Bank of Sri Lanka * Regular statements confirming transactions, outstanding balances, maturity and interest payments are issued by the CDS * Interest and maturity proceeds are credited on time to investor's account * Investors can obtain details of their investment through internet at any time
4. Who Can invest in NatWealth Securites Ltd ?
Individual Investors (Minimum Investment is Rs 10000.00)
