Regulatory Alerts2019-09-05 | Circular No. 35/03/016/007/004Outright Auctions under Open Market Operations
The Central Bank of Sri Lanka amended its Consolidated Operating Instructions to permit outright auctions of both Treasury bills and Treasury bonds effective 06 September 2019. The directive specifies that Treasury bill auction announcements must be made by 09:30 on the auction day or one business day in advance, while Treasury bond announcements require at least three working days' notice. Both announcement types must detail the auction type, security face value, maturity, and settlement date, with settlement occurring on the following business day.
Share