Regulatory Alerts2016-09-01 | 02/17/800/0007/002Secondary Market Trading of Government Securities and Reporting by Licensed Commercial and Specialised Banks
The Central Bank of Sri Lanka mandates all licensed commercial and specialised banks to conduct outright government securities trades via the Bloomberg FIQ platform starting 15 September 2016. These institutions must report yield rates and trading volumes for over-the-counter transactions exceeding Rs 50 million within thirty minutes of execution, with selling-side banks handling broker-mediated trades. This regulatory framework aims to enhance market transparency and improve price discovery across the secondary government securities market.
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