Regulatory Alerts2013-05-21 | 35-01-005-0006-31Withdrawal of Rs 100 Million Repo Standing Facility Limit During Reverse Repo Auctions
The Central Bank of Sri Lanka's Domestic Operations Department issued this directive to all Licensed Commercial Banks and Primary Dealers. It mandates the withdrawal of the Rs 100 million limit on the repo standing facility for days when the central bank conducts reverse repo auctions. This regulatory change takes effect on 01 June 2013.
Domestic Operations Department 94 11 2477189 94 11 2346287 cbslgen@cbsl.lk www.cbsl.gov.lk Level 7, Tower 2, No. 30, Janadhipathi Mawatha, P. O. Box. 590, Colombo 01, Sri Lanka. Operating Instructions No. 35/01/005/0006/31
Domestic Operations Department 21 May 2013 To: All Licensed Commercial Banks and Primary Dealers
USE OF REPO STANDING FACILITY WHEN THE CENTRAL BANK OFFERS REVERSE REPO AUCTION We refer to the Operating Instructions Circular No. 35/01/005/006/30 dated 14 March 2012 on the above subject. All Licensed Commercial Banks and Primary Dealers are hereby informed that the Rs 100 million limit on repo standing facility on days when the CBSL offers reverse repo auction will be withdrawn with effect from 01 June 2013. Sgd/R A A Jayalath Director / Domestic Operations