By: Staff Writer
Colombo (LNW): The Employees’ Provident Fund (EPF) of Sri Lanka remains the single largest holder of government treasury bonds, a survey by Verité Research disclosed.
One of the key components of the government’s domestic debt optimisation plan is the restructuring of bond holdings associated with superannuation funds, which are funds set up for retirement benefits.
The EPF is considered as the country’s largest superannuation fund and is a predominant holder of treasury bonds at the end of 2022.
According to the Verité Research survey, the EPF remains the single largest holder of government treasury bonds, which is at 36 per cent out of the 43 per cent of superannuation funds referred to treasury bonds.
Other bond holders include insurance (04 per cent), licenced specialised banks (09 per cent), licenced commercial banks (36 per cent), other superannuation funds (06 per cent), and other (09 per cent).
