Repos & Reverse Repos

Repurchase Agreements (Repos) and Reverse Repurchase Agreements (Reverse Repos) are instruments with the following features:

Issued by the Central Bank on behalf of the Government of Sri Lanka.
Essentially short term and usually overnight to a week.
Backed by a Guilt Edged collateral
An interest bearing loan
Interest earnings are exempted from Withholding Tax
It is free from Default Risk since the collateral is guaranteed by the Government.

Repo is for Short Term Investors

Repo – When the customer purchases the security from the dealer with the intent to sell it back.

Reverse Repo is for Short Term Borrowers

Reverse Repo – When the customer sells a security to the dealer with the intent to buy it back.

To obtain a Repo or Reverse Repo simply visit:

NSB Fund Management Company
No 400,Galle Road,
Colombo 03.
Sri Lanka.

Tel:        +94 11 2425010; +94 11 2425012; +94 11 2565956
Fax:        +94 11 2574387
Email:    nsbfmc@nsb.lk; frontoffice.fmc@nsb.lk
SWIFT: NSBFLKLX

Or your nearest NSB Branch or for more information call us on our 24 hour hotline at +94 11 2 379 379.

NSB offers an unmatched security for the deposits of our customers, being 100% guaranteed by the Government of Sri Lanka.