Hirunews Logo
Disparity+in+Treasury+Bills+market%3B+Monetary+Board+to+take+immediate+action+
Saturday, 15 October 2016 - 19:17
Disparity in Treasury Bills market; Monetary Board to take immediate action
2,782

Views
The Monetary Board stated that there is a sharp disparity in the performance of primary dealers, as well as in certain issues related to the pattern of trading activities.

The matter was brought to light at a special meeting held yesterday, after considering the interim report on the operations of primary dealers, including their financial performance during the year which ended on 31st of March, 2016 as well as the five month period which ended on 31st of August 2016.

A special meeting was convened yesterday by the Monetary Board to discuss on several issues including the Treasury bond issue.

The Monetary Board has also instructed to expedite completion of the ongoing process of preparation of the relevant On-Site Examination Reports.

This would enable the Monetary Board to make an early determination on the future course of action.

Make a Comment
Make a Comment

DOWNLOAD HIRUNEWS APP ON ANDROID & APPLE
Train services recommence
Thursday, 14 December 2017 - 15:46
The week long railway strike ended last morning (13) after a Cabinet Sub-Committee headed by Minister Dr. Sarath Amunugama agreed to look into the issues... Read More
News Image
Hiru News Programme Segments
12 Views
7,087 Views
6,022 Views
14,153 Views
433 Views
8,587 Views
Top