Investments

Legislation and investment policy

Section 8 (d) & Section 9 of the Parliamentary Act No. 46 of 1980 empowers the Board to invest its funds. Investment objectives, Asset Allocation & other guide lines and Code of Conducts & Ethics for the staff of Investment Division approved by the Board of Directors have been stipulated in the Investment Policy.

Investment Objectives

The primary objective in the investment of Board’s funds is to ensure the safety of principal, while managing liquidity to pay the financial obligations of the Board, and providing optimum investment return using authorized instruments.

  • SAFETY

    The safety of capital is the foremost objective of the Board. A substantial portion of the investment portfolio will be invested in gilt-edged government securities in order to ensure safety of the capital

  • LIQUIDITY

    The Investment portfolio shall remain sufficiently liquid to enable the Board to meet all operating requirements that might be reasonably projected.

  • RETURN ON INVESTMENT

    The Investment portfolio shall be designed to obtain the highest available return, taking into account the constrains and cash flow needs. Investment Division shall seek to obtain the highest available return using authorized investment instruments.

Approved Asset Allocation

Fixed Income Investments

(a) Gilt-edged securities Treasury Bills/Treasury Bonds/Rupee Loans

(b) Other Fixed income securities (maximum) ( subject to conditions )

(c) Short term Repos

Equities - shares & units

Total

87 %
5 %
2 %
6 %
100 %

Fixed Income Investments

(a) Gilt-edged securities Treasury Bills/Treasury Bonds/Rupee Loans
87%
(b) Other Fixed income securities (maximum) ( subject to conditions )
2%
(c) Short term Repos
5%

Equities

(Maximum) - Shares & Units (subject to conditions)


6%

Total100%

Investment portfolio as at 31-12-2021

Investments in Fixed Income Securities

Govt. Securities

Fixed Deposits (State Banks)

Other Fixed Income Securities

Sub Total

Rs. Mn.

352,544
28,492
13,875
394,911
86.08 %
6.96 %
3.39 %
96.43 %

Equities Investment

Shares

Investment in Subsidiaries

Units

Sub Total

Rs. Mn.

13,941
471
242
14,654
3.40 %
0.12 %
0.06 %
3.58 %

Grand Total

409,565
100.00 %

Investments in Fixed Income Securities


Govt. Securities


Rs. Mn.


297,027

80.11%

Fixed Deposits (State Banks)


Rs. Mn.


52,965

14.29%

Other Fixed Income Securities


Rs. Mn.

9,012

2.43%

Govt. Guaranteed Securities


Rs. Mn.


715


0.19%

Sub Total


Rs. Mn.


359,719

97.02%

Equities


Shares

Rs. Mn.


10,354

2.79%

Investment in Subsidiaries

Rs. Mn.


471

0.13%

Units

Rs. Mn.


215

0.06%

Sub Total


Rs. Mn.


11,040


2.98%

Grand Total


Rs. Mn.


370,759


100.00%

Investment portfolio as at 31-12-2021

Contact us

Deputy General Manager (Investments) (Cover up duties) Mr. M.A.K. Aluthgamage
  +94 11 7747814
   23rd Floor-North “MEHEWARA PIYESA”

Finance Manager (Investment)
Mrs. H M C Damayanthi
  +94 11 7747816
   23rd Floor-North
“MEHEWARA PIYESA”

Finance Manager (Investment)
Mrs. Nilanthi Fernando
  +94 11 7747815
   23rd Floor-North
“MEHEWARA PIYESA”