Reserve Requirements

o{<ffo o@orog@ bOgz:: oqecUaro@rrfaO ffififffinfld. l?* e-oirpnL-@Ei Glgng! gun@oeir gilotourBaonD Domestic Operations Department OPERATING INSTRUCTIONS No.35/0 I /005/0007/t 3 14 November,20l8 To : All Licensed Commercial Banks RESERVE REQUIREMENTS Your attention is invited to the notification made by the Monetary Board of the Central Bank of Sri Lanka under Sections 10(c), 93,94,96 and 97 ofthe Monetary Law Act (Chapter 422 of Ceylon Legislative Enactments) as amended by Regulation o'D" published in the Gazette Extraordinary of the Democratic Socialist Republic of Sri Lanka No. 2097115 of 14 November 2018 on the above subject. 2. The Licensed Commercial Banks are hereby informed that in accordance with the said notification, they should maintain reserves against deposit liabilities denominated in Sri Lankan Rupees at an amount equal to six per centum (6.00%) of the total of such deposit liabilities. 3. Schedule A of Operating Instructions No. 35l}ll005l007lI2 of 12 October 2018 is replaced by attached 'schedule A'. 4. The above amendment will take effect from 16 November 2018. All other instructions contained in our Operating Instructions No. 3510110051007106 and 35l0ll}O5/007107 of 22 April, 2013 as amended from time to time will continue to apply. QN$\IV.' {.r.t pi.""torll)omestic Operations 7 O:l gog,2 O?r ee)<6 q.zo: 30, ejac8erd gcOzl n1.@o. 590, ozsrcg@ 01, @ g"2s.lcg genb 7, Gonqryrb 2 @ar. 30, rarnglugl Loneirgleop p.6lu 590, Ganqgrbq 01, @atramno n2 346287 M ddoA@"Urt.lt Level T, Tower 2 No. 30, Janadhipathi Mawata P.O. Box 590, Colombo 01, SriLanka '&X9 www.cbsl.gov.lk I ) +94 112 477036 B +94

SCIIEDULE A FORM OF REPORT REPORT OF DAILY AVERAGE DEPOSTT LIABILITIES NameoftheBank: To: Director, Domestic Operations Deparfrnent, Cenhal Bank of Sri Lanka, Colombo 01 The average amounts of deposit liabilities reported below are based on the deposit balances shown by the books of the Banks at the close of business of each day of the period specified above. (, Demand Deposits (i, Time and Savings Deposits (iit) Margins against Letters of Credit/DA Terms (iu) All other Deposit Liabilitiest I In the case of Certificate of Deposits the amount declared should be the paid up value.

REQUIRED RESERYES For the period commencing ..... Item In Sri Lankan Rupees

1. 100% of Average daily total Margins against a. Letters of Credit specified under (i). CircularNo. 35/01/005/0010/20 dated 19th September 2018 on 'Margin Requirements against Letters of Credit for importation of Motor Vehicles' or (ii) Circular No. 35/01/00510010/21 dated29 September 2018 on 'Margin Requirements against Letters of Credit for importation of Motor Vehicles and Non-Essential Consumer Goods' and b. Lnports on Document against Acceptance (DA) Terms specified in Circular No. 02 of 2018 dated 1 1 October 2018 as the case may be
2. 6% of Average daily total Rupee Deposit Liabilities excluding (1) above
3. Average of Sri Lanka Currency Notes and Coins held over and above ZYo of average deposit liabilities covered in 1. and 2, but not exceedtng4Yo Total reserves required to be maintained over the reserve maintenance period (l +2-3)

We/I hereby certifu that the above statement is correct and in accordance with the book of this bank and that the figures shown above are in accordance with the regulations prescribed by the Monetary Board of the Central Bank of Sri Lanka for the purpose. Date: Official Signature Note - (a) Deposits and placements made by any institution other than licensed commercial banks, shall be accounted for maintenance ofrequired reserves at prescribed ratios. (b) A11 amounts should be shown to the nearest rupee.