MBSL seminar on debt instruments for corporates

Merchant Bank of Sri Lanka PLC (MBSL) will hold a seminar on 'Debt instruments for corporates and tax free return to investors' at Cinnamon Lakeside on August 29 from 4.00 to 6.30 pm.The guest speaker will be Chief Executive Officer of RAM Ratings (Lanka) Ltd, Adrian D Perera.

The areas that will be discussed include, opportunities on debt instruments for corporates, types of debt instruments and its benefits for issuers, benefits for investors by investing in listed debentures and how to get ratings from rating agencies for debt instruments.

"The concessions in the 2013 Budget, such as waiving off withholding tax and interest earned on listed debentures attracted a large number of retail, high net worth and corporate investors and is expected to attract more investors in the future, considering the country's interest rate scenario, although the size of the debt market is small," a bank spokesman said. Economic volatility has made many investors seek cautious opportunities in the debt market. Therefore, knowing debt instruments and the opportunities available will be important for investors and even for debt raisers.