Breaking News:Perpetual Treasuries Ltd purchased shares of NDB

Perpetual Treasuries Ltd which is in the center of controversy with regard to the CBSL bond transaction has purchased shares of the national development bank or NDB

The purchase is listed in the share ledger of the bank as at 31st October 2016

Perpetual Treasuries has purchased over 6.2 million shares which accounts for 3.77 percent of the total number of shares.

In addition a company known as Perpetual Equity had also purchased shares of NDB , at a share percentage of 2.4 percent.

Incidentally the quarterly report of NDB released on the 30th of June 2016 did not include perpetual treasuries in the top 20 shareholders of the bank

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