Regulatory Alerts2024-03-26 | Circular No. 4 of 2024Added · Updated
Operating Instructions on Open Market Operations of the Central Bank of Sri Lanka
The Central Bank of Sri Lanka issued Circular No. 04 of 2024 to rescind Circular No. 2 of 2024 regarding operating instructions for open market operations. This rescission takes effect on 01 April 2024, requiring all Licensed Commercial Banks to adhere to updated regulatory frameworks. Consequently, standing facilities for these banks will be governed by Clause No. 30 of the Domestic Operations Department Circular No. 01 of 2021 on consolidated market operations.
CENTRAL BANK OF SRI LANKA
Domestic Operations Department
Circular No. 04 of 2024
26 March 2024
To: All Licensed Commercial Banks
Operating Instructions on Open Market Operations of the Central Bank of Sri Lanka
You are hereby informed that Circular No. 2 of 2024 on Operating Instructions on Open Market Operations of the Central Bank of Sri Lanka will be rescinded with effect from 01 April 2024 and the Standing Facilities to Licensed Commercial Banks (LCBs) will be available subject to the Clause No. 30 of the Domestic Operations Department Circular No. 01 of 2021 dated 21 May 2021 on Consolidated Operating Instructions on Market Operations.
(Signature)
Dr. R A Anil Perera Director/ Domestic Operations
📞 +94 112 477036 📠 +94 112 346287
Level 7, Tower 2 No. 30, Janadhipathi Mawata P.O. Box 590, Colombo 01, Sri Lanka 🌐 www.cbsl.gov.lk
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