Regulatory Alerts2006-12-26 | 35-01-005-0006-11Restrictions on Reverse Repurchase Facility Availability
The Central Bank of Sri Lanka restricts access to the Reverse Repurchase Facility for licensed commercial banks to prevent reliance on this last-resort funding source. Effective 1 January 2007, the facility will be unavailable on days when the Central Bank estimates a liquidity surplus exists within the commercial banking system. Banks must arrange alternative funding during such periods, with specific unavailability dates notified via the online Money Market Information System at 9:30 a.m.
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