Regulatory Alerts2026-01-12 | Finance Business Act Directions No.01 of 2026Amendments to Maximum Interest Rates on Deposits and Debt Instruments
The Governing Board of the Central Bank of Sri Lanka issued these amendments on 12 January 2026 to update maximum interest rates payable by finance companies. The directive replaces prior directions by mandating quarterly reviews of deposit and debt instrument rates based on the simple average Weighted Average Yield to Redemption from recent Treasury bill auctions. It establishes specific maximum annual nominal interest rates calculated by adding fixed spreads to 91, 182, and 364-day T-bill yields across tenures ranging from one month to under two years.
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