Derivatives/Swaps
NDBIB structured an instrument, (i.e. Parcel of Call Options) to facilitate the trading of the Licenses through the Colombo Stock Exchange.
Ceylinco Insurance PLC: NDBIB structured and placed a 10-year interest rate swap between Ceylinco Insurance- Life Fund and NDB Bank. The former required the swap to convert the floating rate on its Treasury Bill portfolio to a fixed rate.
Aitken Spence PLC: NDBIB successfully arranged a foreign currency swap (USD to LKR) between Aitken Spence Garments Limited and Sampath Bank PLC.
Lakdhanavi Limited: An amortizing interest rate swap in USD was arranged between Citibank Singapore and Lakdhanavi Limited. Lakdhanavi's performance was guaranteed by NDB Bank PLC.
Richard Pieris & Company PLC: NDBIB structured and placed a Medium Term Interest Rate Swap / Cap for Richard Pieris & Company PLC. The transaction was for Rs. 150 million face value and was structured to limit the company's interest rate exposure.
Board of Investment of Sri Lanka: The Board of Investment of Sri Lanka through a bidding process via the Colombo Stock Exchange ventured to sell nine Licenses to potential investors to operate a "World Class Taxi Cab Service" in Sri Lanka.

NDBIB structured an instrument, (i.e. Parcel of Call Options) to facilitate the trading of the Licenses through the Colombo Stock Exchange.
Achievements : Largest Equity offering on the CSE - Rs. 8.6 Billion Dialog Axiata PLC.
Achievements : Largest Rights Issue - Rs. 15.55 Billion Dialog Axiata PLC.
Achievements : Largest Preference Share Issue - Rs. 5.0 Billion Rated, Cumulative, Redeemable for Dialog Axiata PLC.
Achievements : Largest Lease securitization in a single tranche - Rs. 1.06 Billion for People's Leasing
Achievements : Largest Utility based securitization - Rs. 1.43 Billion for Ceylon Electricity Board
Achievements : Largest IPO Oversubscription - 344.98 times for Union Bank
Achievements : Largest Funds Subscribed - Rs. 129.37 Billion Union Bank
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