BOC’s historic debenture issue oversubscribed 3.8 times on opening day
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Daily Mirror reports that Bank of Ceylon (BOC), a state-owned bank in Sri Lanka, had its Basel III-compliant Tier 2 debenture issue oversubscribed 3.8 times the initial Rs.10 billion offering on November 3, 2026, its opening day.
Daily Mirror describes the issue as historic and reports that it had closed. The report provides no further details about the debenture terms or the bank’s next steps.
Written automatically by AI from the outlets’ own reports, and not reviewed by an editor. It can be wrong — the original report is the authority.
Earlier coverage
Reports on the same subject from the months before this story.
- Lanka Business Online · Fitch Rates Sampath Bank’s Proposed Basel III Subordinated Debentures Final ‘A(lka)’
- Daily Mirror · Sampath Bank’s Rs. 10 billion debenture issue oversubscribed
- EconomyNext · Sri Lanka sells extra Rs2.2bn Treasury bills after auction
- Daily FT · BOC to raise up to Rs. 30 b in Sri Lanka’s largest-ever listed debt issue
- EconomyNext · Sri Lanka sells extra Rs2.5bn Treasury bills after auction