Rule · CBSL · 4 Dec 2013 · 02/17/500/0540/001

Permitting Licensed Commercial Banks to Invest in International Sovereign Bonds Issued by the Government of Sri Lanka

The Bank Supervision Department of the Central Bank of Sri Lanka has authorized off-shore banking units of licensed commercial banks to invest in International Sovereign Bonds issued by the Government of Sri Lanka. This directive, enacted under Section 25 of the Banking Act No. 30 of 1988 with the concurrence of the Minister of Finance and Planning, explicitly permits these investments within the secondary market. The authorization formally expands the permissible investment portfolio of licensed commercial banks, enabling them to allocate capital to sovereign debt instruments without regulatory restriction.

Sri LankaCentral Bank of Sri Lanka

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Banking Act, No. 30 of 19881988 · LK-LAWBanking Act, No. 30 of 1988 (1988-09-16)Permitting Licensed CommercialBanks to Invest in Internatio…2013-12-04 · this documentPermitting Licensed Commercial Banks to Invest in International Sovereign Bonds Issued by the Government of Sri Lanka (2013-12-04)
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Issued under
  • “In tetms of section 25 of the Banking Ac| No. 30 of 1988, as amended, the Monetary Board with the concufl'ence of the Minister of Finance and Planning has authorised off-shore banking units of licensed commercial banks to invest in Interna…”

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