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ElaKiri Talk!
Treasury Bonds Scam and media & Political scam
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<blockquote data-quote="danukapeiris" data-source="post: 22065143" data-attributes="member: 27078"><p>1st of all, Treasury bonds issue is a scam, but there is a ongoing political and media scam to mislead the public</p><p></p><p>Lets talk this issue clearly</p><p></p><p><img src="https://image.ibb.co/e4cKba/TBISSUE.jpg" alt="" class="fr-fic fr-dii fr-draggable " style="" /></p><p></p><p>Did CBSL receive any Bids at 9.5% ? Yes only only 1 bid from BOC (8 Million at 9.35%). That's only a 0.08% from Issued Bonds</p><p></p><p>Did anyone Bid at 12.5+% Rates ? Yes But Rejected - Except one Bid (PABC @ 12.99%, Perpetual Treasuries 12.75% , Acuity Securities 13% , Commercial Bank 13.10% , Union Bank 13.10% and 14.74% , Sampath Bank PLC 18%). However CBSL has issued 50 Million for Commercial Bank at 12.99%</p><p></p><p>Were there any rejected bids with lower interest when accepting higher interest rate ? No</p><p></p><p>How did politicians calculate that Loss ? By Assuming CBSL has received 10 Billion bids at 9.5% but issued at 11.5%. They have calculated the difference of it. they should get a 6 billion loss from that incorrect calculation but claiming 60 billion loss from it.</p></blockquote><p></p>
[QUOTE="danukapeiris, post: 22065143, member: 27078"] 1st of all, Treasury bonds issue is a scam, but there is a ongoing political and media scam to mislead the public Lets talk this issue clearly [IMG]https://image.ibb.co/e4cKba/TBISSUE.jpg[/IMG] Did CBSL receive any Bids at 9.5% ? Yes only only 1 bid from BOC (8 Million at 9.35%). That's only a 0.08% from Issued Bonds Did anyone Bid at 12.5+% Rates ? Yes But Rejected - Except one Bid (PABC @ 12.99%, Perpetual Treasuries 12.75% , Acuity Securities 13% , Commercial Bank 13.10% , Union Bank 13.10% and 14.74% , Sampath Bank PLC 18%). However CBSL has issued 50 Million for Commercial Bank at 12.99% Were there any rejected bids with lower interest when accepting higher interest rate ? No How did politicians calculate that Loss ? By Assuming CBSL has received 10 Billion bids at 9.5% but issued at 11.5%. They have calculated the difference of it. they should get a 6 billion loss from that incorrect calculation but claiming 60 billion loss from it. [/QUOTE]
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