Regulatory Alerts2024-02-09 | Circular No. 2 of 2024Operating Instructions on Open Market Operations of the Central Bank of Sri Lanka
The Central Bank of Sri Lanka has amended its operating instructions to limit the availability of the Standing Deposit Facility for Licensed Commercial Banks to a maximum of ten times per calendar month. This regulatory change, issued via Circular No. 02 of 2024, becomes effective on 16 February 2024 and applies until further notice. Consequently, the previous Circular No. 2 of 2023 on Open Market Operations is rescinded with effect from the close of business on 15 February 2024.
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