Regulatory Alerts2018-08-23 | Circular No. 35/03/021/0013/001Operating Instructions on Open Market Operations of the Central Bank of Sri Lanka
The Central Bank of Sri Lanka issued Circular No. 35/03/UUW13/001 to mandate that Open Market Operations transactions will be conducted exclusively with licensed commercial banks starting 25 September 2018. This directive specifically excludes Standalone Primary Dealers from participating in these open market transactions. However, the circular clarifies that Standalone Primary Dealers will retain their existing access to the Central Bank's Standing Facilities.
6 eoaor @co OsocUO $onilola uUbdur onird GEI{IRAT BA]IK OF SRI IATI$ Domestic Operations Department I safizlrltres H rrrz3+i2ol nl cb6tgen@b6t.tk @ ooooerf,en Jk Leve l7,Tower2,No. 30, Janadhipathi Mawatha, P. 0. Box. 590, Colombo 01, Sri Lanka. CircularNo. 35l03lUUW13/001 23 August 2018 To: All Standalone Primary Dealers (SPDs) Open Market Operations of theCentral Bankof SriLanka With effect from 25 September 2018, the Central Bank of Sri Lanka will conduct its fransactions under Open Market Operations with licensed commercial banks only. However, access to the Standing Facilities for SPDs will remain unchanged. Actg. Director/ Domestic Operations